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BTC 4hr RSI rising wedge breakdown, inverted H&S invalidated

Bitcoin (BITSTAMP:BTCUSD)  
nagihatoum  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Harmonic Patterns Chart Patterns
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trendanalysis harmonicpatterns chartpattern
BTC is trading sluggishly. There was a fakeout of the inverted H&S. H&S about to be invalidated. Breakdown from rising wedge in the RSI is bearish, unless it's not a rising wedge but a channel (dotted line) because RSI touches the bottom support only once. Potential harmonic has changed as well as the potential path of the price action.

Idee correlate

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