BTCUSD. Falling wedge is forming by the Libra's hearings date

2019년 10월 15일

Key notes:

• If Bitcoin broke down the uptrend line and a median of a downtrend channel, it will probably go down under 7k fast.
  
• For now, we have a falling wedge and decreasing volumes inside it, which can indicate that sellers are exhausing.
  
• I'm holding longs from ~8280 with tight stop, until wedge isn't broke. In a good case if BTC doesn't fall down, wedge will be resolved with target between 9k - 9.4k.
  

2019년 10월 15일

노트

2019년 10월 16일

노트

Selling volumes are still decreasing, I'm waiting for a confirmation of breakdown of the trend lines to close the trade with loss.

2019년 10월 16일

거래청산: 스탑 닿음

BTC looks weak and goes to 6.5k, it seems

2019년 10월 16일

노트

The level still can hold, but the risk of breakdown and free fall is too high

2019년 10월 16일

액티브 트레이드

Level seems to be hold. Looking for the next movements. This week is decisive.

2019년 10월 16일

노트

Also there is MA240 daily, which supports the price here

2019년 10월 17일

노트

For now, it looks like it was a fake breakdown. Target is the same: 9k

2019년 10월 19일

매매 수동청산

BTC couldn't recover from here. It's better to close the longs, because another drop can occur on a thin market during the weekend