ridertiger

ridertiger

I am expecting an increase above 10 USD.

ridertiger

typical double top, going down again as in my previous analysis. However, this is a local double top so be careful.

ridertiger

Typical Rising Wedge Continuation Pattern. Going down baby :)

ridertiger

Typical Falling Wedge Continuation Pattern. Going to the moon :) Here is a link for the news: www.coindesk.com

ridertiger

4300-4600 is a trade. If it goes above 4700, then expect a bullish move up to 6K. This is a local double top, so that's why it is decreasing.

ridertiger Updated 

Rising Wedge pattern, expecting a drop.

ridertiger

Now that they banned South Korean ICOs, there will be FUD for some time. ETH will give everyone an opportunity to buy and it will go back up after a while.

ridertiger

It looks like the head and shoulders movement is forming. It may push it down strongly, back to under 4k. If it does not take a sufficient hold for a strong bear movement, wait for 6k.

ridertiger

It should have gone down, it did not. So mooooooooooooo The only thing this head and shoulders did was to cure my dandruff :)

ridertiger

I suggest shorting but the graph seems to indicate an increase in the medium term.