More upside on its way?!

$BTC $ETH

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Looking at the chart on the 4hour timeframe i can see a potential inverse head and shoulders pattern.

The 52.5k has been a strong resistance, acting as a potential neckline, the 51.3k is also a support area acting as a potential shoulders, the break and reclaimed 50.6k is also a potential head

I'm waiting for a retest at the 51.3k to place a long position, which could take us to 55k-58k Aov

It will be invalidated if the price breaks this support below the 50.6k, then more downside would be expected towards the 48k Aov.

DYOR as this is only my analysis and not a financial advice