On the Daily:
is confirming the bottom.
is almost ready to cross
On the 6 Hour:
Don't sell to soon, we are targetting this 500-550 area for a move. This will give us a similar magnitude move that we had this last April.
LTC has confirmed a move up. BCH has confirmed a move up. BTC is just about there and is lagging behind. This is expected as some of the drivers for this move are the crosses like eth/btc , so people will sell btc to buy eth, thus, keeping btc flat and driving up eth.
If we move sideways from here, it looks to me like a IH&S structure could happen.
gives us a lot of clearance on this chart,
Also note that we will run into resistance in this 450 area, but by then we will be so far in profit it won't matter and can use stops to protect positions and let the market dictate what happens.
Same set up is happening on ETH/BTC as well.
Here it is back where it should be
I zoomed in and drew as many minor down ward trendlines as I could find. It seems we have broken all of them, except one. We'll see what happens here.