BitcoinUpdated A short term pattern to keep an eye on
BTC forming a descending triangle on the hourly, the rsi is forming a bullish divergence however, a break below the rsi trend line could lead to more possible downside to the $9250, then a possible bounce back.
Note
We did break down from the triangle but that is not a time to short, I was looking for a long but my order did not fill, I hope some of you have a higher order limit and to a good profit from it.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.