Looks like we've had some correction over the last few couple days, but I think we have some bullish divergence forming and new bull pennant (yet again) forming. We'll see how this plays out and would appreciate some feedback, a bit new at TA and my first publish. Thanks!
Volatility funnel. Volatility decreasing, as measured by Average True Range (ATR). On Balance Volume (OBV) increasing over same period. Bitcoin to bamp?
Next targets 10796 =(10839), 11367 =(11514). If you play the 3point extension go for the first levels, if you play the grand =(great!! ;) retracing game from 2014 - 2015, go for the targets in brackets. Wish U luck and h4ve fun!
Playin' the 3point extension ( 9-29-2015 11-30-2015 02-11-2016)
3300-3400 range was the real top for the first Ethereum bull run, everything above was pure pull trap. Shorting for the pullback here, target 3000-2900.