BOREARIS

Bitcoin (BTC/USD) Inverse head & shoulders 4 hour

Bitcoin (BTC/USD) 4 hourConfirmed Oct 19, 09:00 UTC+8
LSNHNRSConfirmedClosedTarget 85,398.2Target 1 83,825.9Confirm 82,253.5Neck 81,910.981,245.9Invalid 80,460.0━ MA20 + Bollinger Bands ━ MA50 4 hour70503039.79━ RSI ━ 9MA0-46.86━ MACD ━ MACD Signal10/10 05:0010/12 17:0010/15 05:0010/17 17:0010/20 05:0010/22 17:00
LSNHNRSConfirmedClosedTarget85,398.2Target1 83,825.9Confirm82,253.5Neck81,910.981,245.9Invalid80,460.0━ MA20 ━ MA5070503039.79━ RSI ━ 9MA0-46.86━ MACD ━ MACD Signal14 01:0017 17:0021 09:00

Gold line = the pattern's swing points; gold box = the confirmation candle; coloured lines = target and invalidation; blue = confirmation price.

Inverse head & shoulders: First target, then break-even

Target85,398.2
First target83,825.9
Confirmation82,253.5
Invalid at80,460.0
Move+0.86%

Timeframe4 hour
ConfirmedOct 19, 09:00
ClosedOct 22, 13:00
Duration80.0 h
Reward / risk1.75

What this tells you

Three lows with the middle one deepest; a break above the neckline often signals the end of a decline.

Check it on the live chart

← All chart patterns · Other patterns for this market · Key levels and research for this market · How to read patterns

Swing points

PointTime UTC+8Price
Left shoulderOct 13, 05:0080,972.2
NecklineOct 13, 13:0084,118.5
HeadOct 15, 21:0079,722.1
NecklineOct 16, 17:0082,884.8
Right shoulderOct 19, 01:0080,616.4
ConfirmationOct 19, 09:0082,253.5

Recently closed Inverse head & shoulders patterns: 4 in total, 2 reached the target first (50%), 2 were invalidated and 0 expired (small sample). Results by pattern →

Chart patterns are technical reference points, not trade recommendations. Past results do not guarantee future outcomes; trading involves risk.

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