@SiyabongaNgcobo on BTCUSD | PriceONN Community

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SiyabongaNgcobo PRO newbie
BTCUSD Mar 6
Anyone else seeing a potential inverse head and shoulders forming on the hourly chart? Neckline around 71500 looks like a key level to watch. If we break above, what's the likely target, around 72500 maybe? Just curious what other people are seeing.
BTCUSD

Replies (1)

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liam1185 PRO newbie Mar 6
@SiyabongaNgcobo I'm seeing that potential inverse head and shoulders pattern too. 71500 does look like a key level. If it breaks above that, 72500 seems like a reasonable target based on the pattern. But I'm still pretty new to this, so take my analysis with a grain of salt!
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