Manuel49

Possible Bearish Butterfly on Bitcoin

Short
BITFINEX:BTCUSD   Bitcoin
Possible Bearish Butterfly on Bitcoin
The daily RSI shows divergence. Potential reversal for our C point can fall anywhere between 38.2 and 88.6, which line up with one of our sweet spot zones or conviction zone . Our D point would fall at the 127 extension and would complete the pattern
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