Have been observing a clear descending triangle that BTC is respecting on the lower timeframes. Expect move lower that correlates with the measured move of the much larger descending triangle of July-Sept hitting low $7k region. Hoping for reversal from there and resumption of bull run continuing into 2020.
Trade active:
Bitcoin movement respecting triangle. Currently we are in a lower timeframe rising wedge with a target around $8000 respecting the larger triangle we are currently in. Expect move down from there when we commence next move downwards.