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crypton00b_12

Textbook Bearish Failure Swing!

Long
Bitcoin (COINBASE:BTCUSD)  
crypton00b_12  
COINBASE:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators
3
2
trendanalysis chartpattern indicator
it has the 4 things needed to be a Bearish Failure Swing!
Bearish Failure Swing

RSI rises above 70 (considered overbought)
RSI drops back below 70
RSI rises slightly but remains below 70 (remains below overbought)
RSI drops lower than its previous low.
I saw it play out!
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