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movethebeerdownstairs
Jan 9, 2017 6:06 AM

One last possible ETH/BTC dip before our run up 

Ethereum / BitcoinPoloniex

Description

First post, be nice :) I noticed volume kindof drying up, and MACD looks primed for a slight correction. Use your best judgement as to where the support will hold, but I predict an inverse H&S pattern will complete to start the change to a bull market trend.

Thank you.

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If you haven't already shorted now would be a grant time...RSI looks ripe for a picking. I don't really know how low this will dip in all honesty. Pay attention to RSI, MACD, and stochastic RSI and stay patient. Happy Trading

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Short now or forever hold your piece.

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Since BTC is about to make a decision, I will say that I still stand by my idea. So essentially since BTC commands the higher market cap, I am saying it will bump up to the next point of resistance, AKA $1000. This is ETH/BTC's completion of an inverse H&S

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Looks like I may have shorted just a hair too soon, but the general idea is still legitimate:) look, i drew lines and they connect the dots mommy and daddy!

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Take note of RSI and Stoch RSI

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Comments
MarcelV
I like this!
NguyenVanDung
thanks bro
movethebeerdownstairs
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