Bitcoin / TetherUS
Long
Updated

BTC buy a bounce off 19400 or a break up

201
BTC is movin down back at historic support 19500, i am not bullish, i am bearish , but i favoued a bounce up more than a break down, i am temtep to buy here, but i will wait for a swip of 19400 or a break of the descending wedge, we already had a fake break out that was sold off, so we may have the same reaction at the next try; if BTC will just break down obviously the trade is invalidated ; RSi on 15.30, 1H and 4H is oversold so thats means that BTC is going to crashed down or bounce back up soon thats why i favoured long here i have a bullish formation and RSI oversold ; my position is to try to open a small long but only at a break wedge of wedge or at bounce up around 19400 or a swio of the low

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Note
i opened up a small long on ETH so i wil not long a bounce up here, if there will be one as i am already risking with ETH on a counter trend trade so will stay out on BTC , they could both crashed down
Note
If you trade more BTC than ETH probably a bounce off 19400 is a good trade to try, but trade both for me is dangeorus as they usually move in tandem against US Dollar

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