Bitcoin / TetherUS
Diupdate

BTC - Reversal in the 4H - BULLISH PATTERN

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Incase you haven't been watching the shorter timeframes...

My last two updates have been about BTC in the short term. First was a long and short setup in the immediate term, which played out as such:
BTC: SHORT & LONG Idea - Immediate term


Now, after the trade has played out, an interesting set-up occurs in the 4h : a bullish Inverse H&S Pattern.
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However, one thing needs to happen for this pattern to translate into longer term upside - the support MUST hold. Since the right shoulder is already lower than the left, this means that a break under the support will invalidate the pattern.
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Are you short or long on BTC in the medium term?
Trading ditutup secara manual
Support did NOT hold, pattern invalidated
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Catatan
BEARISH for the short and near term:

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