Bitcoin is going to do a little shakeout

Nov 6, 2019

It's taking too long for bitcoin to continue uptrend after such a strong bullish bounce.
Sentiment is bullish

Nov 12, 2019

Trade active

After seeing a bull div on RSI/MACD @ 6hr chart and a couple of stop being ran I no longer think we will go that low anymore. Trade active now at 7850.

Nov 12, 2019

Note

*8750

Nov 20, 2019

Note

Closed the formed position with a small loss. Averaged in @ 8.300
Still confident that this is going to play out. Sentiment is bearish just as expected.
Sell pressure is on declining volume

Nov 22, 2019

Trade closed: stop reached

The top line of this falling wedge did not act as a support. Market structure is looking bearish on HTF now that we made a lower low. Last chance for bulls is holding the lower support (dashed trend line)