BTCUSDT - Possible scenarios

H&S has formed and a break below the neckline would see a possible target around $46800 which has acted has support multiple times now. This is also aligning with the daily 200 MA.

Entering a long there with a tight stop is a good idea IMO.

A failure to break the H&S would likely see this triangle stay in play and see a rally to 50k potentially.

Not FA, just my thoughts. DYOR