BEARISH BTC- $4900/$5200
Just take a look to previous pattern on May, 23 day of downtrend and -28% drop, price formed a bearish triangle with flat top rising bottom (13 days, pattern inside the circle) and had another drop of -25%, also look at the RSI levels they look just like now, and facing same RSI resistance at 50. A drop of -25% will lead btc to $4930
Note
check this chart
Trade closed: stop reached
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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.