⚠️If and only if the price break below $115,000
⚠️ BTCUSD – Potential Head & Shoulders Forming
Pair: BTC/USD
Timeframe: 4H
Pattern in Focus: Head and Shoulders
Key Neckline: ~$115,000
Confirmation Trigger: Only valid if price breaks below the neckline zone with strong volume
🧠 Idea Summary:
Bitcoin has formed what appears to be a classic head and shoulders pattern. The right shoulder is completing, and the neckline is clearly respected. A break below $115K could confirm this bearish setup, with a measured move pointing toward the demand zone between $108K–$109K.
📌 Watch for:
Volume spike on breakdown
Retest of neckline turning into resistance
Potential long setups only if price reclaims $119K+
Bias: Bearish if $115K breaks. Neutral until then.
⚠️ BTCUSD – Potential Head & Shoulders Forming
Pair: BTC/USD
Timeframe: 4H
Pattern in Focus: Head and Shoulders
Key Neckline: ~$115,000
Confirmation Trigger: Only valid if price breaks below the neckline zone with strong volume
🧠 Idea Summary:
Bitcoin has formed what appears to be a classic head and shoulders pattern. The right shoulder is completing, and the neckline is clearly respected. A break below $115K could confirm this bearish setup, with a measured move pointing toward the demand zone between $108K–$109K.
📌 Watch for:
Volume spike on breakdown
Retest of neckline turning into resistance
Potential long setups only if price reclaims $119K+
Bias: Bearish if $115K breaks. Neutral until then.
VM
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.