SancakFx

BTCUSD H1 POTENTIAL SHARK OR CYPHER PATTERN AND RSI DIVERGENCE

Long
COINBASE:BTCUSD   Bitcoin
Hello traders. I see a potential shark or cypher pattern and RSI divergence on the BTC USD H1 chart. It could be a failed c wave. This scenario can happen if wave c fibo inversion fails to exceed 1.13 and 1.272 and the falling trendline is broken.

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.