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BTC forming an Inverted Head and Shoulder or Broadening wedge

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BYBIT:BTCUSD   None
Trend Analysis Chart Patterns Bitcoin (Cryptocurrency) BTC BTCUSD btcusdlong btcusdshort IHS invertedheadandshoulders Descending Broadening Wedge
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trendanalysis chartpattern bitcoin btc btcusd btcusdlong btcusdshort ihs invertedheadandshoulders descendingbroadeningwedge
Bullish: I'm seeing a potential Inverted Head and Shoulders pattern with a target between 12400-12550 (depends on where it breaks if it breaks)
Bearish: There is also a descending broadening wedge which could playout with a target between 11300-11500 (depends on where it breaks if it breaks)
You should definitely wait for a breakout before taking these trades!

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