Position QHF 12.10.2018
The price went down out of the local triangle, giving no signal to action.
At this stage, it is clear that the BTC didn't leave the area of the maximum volume during the correction from 20,000.
Since the decision about the ETF is scheduled for October 26, the whole plunge could be false at this stage, and the price will return back to the range of 6500-6700 or hight.
By the nature of the upward movement of correction it will be clear what to expect from the market in the future.
At this stage, it is clear that the BTC didn't leave the area of the maximum volume during the correction from 20,000.
Since the decision about the ETF is scheduled for October 26, the whole plunge could be false at this stage, and the price will return back to the range of 6500-6700 or hight.
By the nature of the upward movement of correction it will be clear what to expect from the market in the future.
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