awh2830

Bearish Descending triangle pattern on BTC

awh2830 Updated   
BITFINEX:BTCUSD   Bitcoin
Bearish descending triangle pattern may be developing. MACD, RSI and volume all with bearish implications. pattern is invalidated above 13000.
Comment:
Rejected right at the downtrend line. $9,250 will be a big level, 0.382 retracement. If it holds, bullish case remains, if not, much lower....
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