Potential head and shoulders short to re-test lower channel.
Let's see if BTCUSD breaks lower here to continue the H&S pattern. The lower wedge trend line sits at around $10,700.
Note we really need to re-test the wedge breakout to confirm a healthy uptrend anyway!
If the lower channel breaks, we are headed to re-test the $10k tether support fund, followed by the $9k long term trending support.
Let's see if BTCUSD breaks lower here to continue the H&S pattern. The lower wedge trend line sits at around $10,700.
Note we really need to re-test the wedge breakout to confirm a healthy uptrend anyway!
If the lower channel breaks, we are headed to re-test the $10k tether support fund, followed by the $9k long term trending support.