Diabloman_

Diabloman_

ETH/BTC Daily Chart had two pumps of increasing strength drawing a possible shoulder and head, currently bouncing on the neckline. Trendline and Kumo resistance are right at the first shoulder height, a bounce there can complete the Head and Shoulder pattern

Diabloman_

Strong Bearish divergence between Price and MACD, bulls are showing signs of exhaustion Some very large sells are shaking out the market, the correction is inminent, but we could pierce 10K strongly into 10.5 or even near 11K territory before that happens Set STOP losses!

Diabloman_ Updated 

Bull flag on strat, a breakout to 70K will push the price to 75K, where both Fib and Previous resistance confluence. Expected retracement from those levels. Long term goal of 89-94 Volume is very low, all markets seem slow at the moment, during the aftermath of BTC Gold Fork

Diabloman_

After a bearish morning, BTC had a run up as the time for BTC Gold snapshot gets closer Breaking the current trend bottom can cause to retrace to previous support/fib levels, however a descending triangle is forming and a break up to new ATH around 5600 is still possible