#BTC has broken below the key trendline and continues to hold in a bearish structure. On the weekly timeframe, the price action is showing a potential Head & Shoulders formation, and what makes this pattern even more significant is the strong bearish divergence appearing on the head of the structure.
This combination of trendline break + bearish market structure + divergence strengthens the probability of a larger downside move.
However, patience is key.
Before taking any short position, I will wait for:
Completion of the right shoulder
A clear break below the neckline
A clean retest of the neckline to confirm bearish continuation
Only then will I look for a short entry with strict risk management and clear invalidation levels.
If this setup plays out, #BTC could deliver a high-probability move on the weekly chart. Watching this closely.
If you find this analysis helpful, hit LIKE and drop your thoughts in the comments. Follow for more advanced #BTC setups, market structure breakdowns, and confluence-based trading ideas!
#BTC #Bitcoin #Crypto #TradingView #CryptoAnalysis #HeadAndShoulders #BearishDivergence #PriceAction #TrendlineBreak #WeeklyTimeframe #CryptoTrader #RiskManagement #BTCAnalysis #CryptoSetup
This combination of trendline break + bearish market structure + divergence strengthens the probability of a larger downside move.
However, patience is key.
Before taking any short position, I will wait for:
Completion of the right shoulder
A clear break below the neckline
A clean retest of the neckline to confirm bearish continuation
Only then will I look for a short entry with strict risk management and clear invalidation levels.
If this setup plays out, #BTC could deliver a high-probability move on the weekly chart. Watching this closely.
If you find this analysis helpful, hit LIKE and drop your thoughts in the comments. Follow for more advanced #BTC setups, market structure breakdowns, and confluence-based trading ideas!
#BTC #Bitcoin #Crypto #TradingView #CryptoAnalysis #HeadAndShoulders #BearishDivergence #PriceAction #TrendlineBreak #WeeklyTimeframe #CryptoTrader #RiskManagement #BTCAnalysis #CryptoSetup
Note
#BTC | Head & Shoulders in Progress#BTC has completed the Head and is currently moving higher, with a strong possibility of forming the Right Shoulder.
We will wait for the Right Shoulder to fully develop. Upon any bearish confirmation (price action / divergence) in this area, a short setup will be considered with strict risk management.
Wait for confirmation — no FOMO trades.
Ordre annulé
BTC is not formed H&S Pattern, so this analysis is invalid. 
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.