The fifth wave BTC/USD 1H

In the first triangle we observed a false breakout of the lower boundary, then the chart remained within the triangle to the very end. Further, the chart reached the level of 0.236 (9200). I expect a downward rebound. The most radical target now is level of 8500.

At the same time RSI gives a bullish signal.

This post is only for educational proposes and does not provide financial advice.