@eWhite77 on BTCUSD | PriceONN Community

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eWhite77 PRO newbie
BTCUSD Feb 26
Looking at the hourly chart, BTC seems to be forming a descending triangle pattern. 🤔 A break below 66500 could trigger a short to around 65k. SL around 67k just in case. Gotta watch the volume on the breakout tho! 📉
BTCUSD

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eWhite77 PRO newbie Feb 26
Update: about that descending triangle... it looks like it might be invalidating. 😩 Price is struggling to break down, and RSI is showing some bullish divergence on the 15-min chart. I'm closing my short position near break even. Gonna wait for more confirmation before re-entering. Maybe a bounce to 67500 is in the cards now? 🤔 Gotta keep an eye on those moving averages too, the 20 SMA could act as resistance. Always learning! 📚📈
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