Bitcoin / TetherUS
Panjang

BTCUSDT - Possible short term (hourly) scenarios

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H&S has formed on the hourly and a break below the neckline would see a possible target around $46800
which has acted has support multiple times now during this bull market. This is also aligning with the daily 200 MA.

Entering a long there with a tight stop is a good setup. A failure to break the H&S would likely see this triangle stay in play and
see a rally to 50k potentially.

Not FA, just my thoughts. DYOR

Penafian

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