11/NN/SS/TT/AA đ trade_withsania
$BTC what is daily chart indicates . .
inverse head and shoulders pattern đ€
An Inverse Head and Shoulders pattern is a bullish reversal chart pattern that typically signals a potential change in trend from bearish to bullish. It consists of three troughs:
Left Shoulder: A drop followed by a moderate rise.
Head: A deeper drop followed by another rise.
Right Shoulder: A drop similar in height to the left shoulder, followed by a rise.
Once the price breaks above the neckline (the resistance level drawn through the highs of the two shoulders), it indicates a potential bullish breakout, suggesting the price may continue to rise. This pattern is often used by technical analysts to identify buying opportunities.#BinanceLaunchpoolHMSTR #CATIonBinance #BTCReboundsAfterFOMC $SAGA $SEI
