BTC SHORT TERM FALLING WEDGE BEARISH SCENARIO

2018년 9월 9일

This is the bearish short term scenario for BTC. On the short BTC could see a low of 6050 with critical support being at 6100. The news in regards to SEC is as follows: The Securities and Exchange Commission announced the temporary suspension of trading in the securities Bitcoin Tracker One (“CXBTF”) and Ether Tracker One (“CETHF”) commencing at 5:30 pm EDT Sept. 9, 2018 and terminating at 11:59 pm EDT Sept. 20, 2018. This of course will be played out and made to look terrible.

Note: My long term bearish scenario is still in play. You can find it below.

- Pattern shows what looks to be a falling wedge

- Critical supports still stand at 6100 and 5800s

- Intermediate support of 6400 fell through.

- RSI is turning back down with slope trajectory failing to play out

- MACD histogram is shortening showing weakness in bullish momentum

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2018년 9월 10일

노트

Could be the start of a reversal back up, to test the upper overall trend line