Let's break down $OTHERS/$BTC — this is textbook inverse head and shoulders forming on a larger timeframe.
Structure:
Left shoulder printed, head bottomed, right shoulder building now. Classic reversal pattern. When you see this on a higher timeframe, the measured move gets serious.
What confirms it:
Neckline break with volume. That's your entry trigger. Until then, it's a setup, not a trade.
What kills it:
New low below the head. If price breaks that structure, the pattern fails and you're out.
Why this matters:
Inverse H&S is one of the cleanest reversal plays in the book. Larger timeframe means larger move if it confirms. We've seen this work before — same pattern, just bigger scale this time.
Watch the neckline. That's your line in the sand.
Structure:
Left shoulder printed, head bottomed, right shoulder building now. Classic reversal pattern. When you see this on a higher timeframe, the measured move gets serious.
What confirms it:
Neckline break with volume. That's your entry trigger. Until then, it's a setup, not a trade.
What kills it:
New low below the head. If price breaks that structure, the pattern fails and you're out.
Why this matters:
Inverse H&S is one of the cleanest reversal plays in the book. Larger timeframe means larger move if it confirms. We've seen this work before — same pattern, just bigger scale this time.
Watch the neckline. That's your line in the sand.