Bitcoin

usdt.d Tether Dominance Time 4 Hours Inverse Head and Shoulders Pattern is Forming If it breaks the strong resistance at the neckline It could move to the pink level I hope the resistance doesn't break or the market will fall again

Tether has entered a downtrend after reaching 83,290 Tomans, and the key support of 80,000 Tomans is the next target for Tether's price. News of Iran-US negotiations is likely to cause Tether to decline...

You You analyzed it very well.but It's important to remember that technical analysis is not always definitive, and other factors can influence market movements.

The inverse head and shoulders pattern is one of the important patterns in technical analysis that usually forms at the end of a downtrend and indicates the possibility of a trend change to the upside. This pattern consists of three valleys, with the middle valley being the lowest level and the neckline acting as a resistance level.