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HeadAndShoulder
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Bitcoin Forming A inverse head and shoulder pattern on in the 1H time frame which is Bullish sign for bitcoin after the breakout of neckline of this bullish pattern.If btc breaks above the neckline with proper candle closing above the neckline the bitcoin will go towards the upside as targets mention in the chart . Please Follow me for more updates. #CryptoMarketMoves #BTC☀ #BTCUpdate🚀 #BTCUSDTUPDATE #HeadAndShoulder $BTC $ETH {future}(BTCUSDT)
Bitcoin Forming A inverse head and shoulder pattern on in the 1H time frame which is Bullish sign for bitcoin after the breakout of neckline of this bullish pattern.If btc breaks above the neckline with proper candle closing above the neckline the bitcoin will go towards the upside as targets mention in the chart .
Please Follow me for more updates.
#CryptoMarketMoves #BTC☀ #BTCUpdate🚀 #BTCUSDTUPDATE #HeadAndShoulder $BTC $ETH
Head and ShouldersDescription: Three successive peaks: middle is the highest and the two outside lower and relatively equal in height. It forms after an uptrend and often signals upcoming trend reversal (from bullish to bearish). The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns.Trade: Wait for pattern to complete and price to break out – to move lower than the neckline after the peak of the right shoulder.  The most common entry point is when a breakout occurs – the neckline is broken and a SELL trade is taken. #prasa777 #HeadAndShoulder

Head and Shoulders

Description: Three successive peaks: middle is the highest and the two outside lower and relatively equal in height. It forms after an uptrend and often signals upcoming trend reversal (from bullish to bearish). The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns.Trade: Wait for pattern to complete and price to break out – to move lower than the neckline after the peak of the right shoulder.  The most common entry point is when a breakout occurs – the neckline is broken and a SELL trade is taken. #prasa777 #HeadAndShoulder
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