#ETH's Inverse Head & Shoulders Stairstep Fractal, rhyming with history, almost identically across many metrics and in the same phase as the last cycle...
Historically a break of a Rising Wedge, especially after a weekly Gravestone Doji just printed at the top of the trend while under previous resistance likely means we are a go for ALT ignition sequence...
#LINK - Beautiful Rising ABC Flag - Stair Stepping Up Out Of A Wedge - Multiple Precision Touches On POI's - Observe Reactions From POI's - Volume In All The Right Places = Number Go Up
BEWARE - Since last night fake buy walls being placed and pulled in ETHUSD on Bitfinex
Signs I think are showing us an opportunity to short again: -BTCUSD looks ready for the continuation downward to "C" heading for completion of the corrective wave down from $7400. -Price looks like its worked its way up then bounced back down from an area around the .5 & .618 fib retracement of the previous fall. -BTCUSD appears to be heading for...
Looks like a triple top has formed in ETHUSD with a short potential continuing the bear trend. I feel news of the additional delay for the ETF will un pause the consolidation of cryptos even further as well www.coindesk.com
Looks like another copycat move up short term following BTCUSD with a reversal W forming in ETHUSD which should take us up to 230
Inverse Head and Shoulders BTCUSD Long to 6547 www.tradingview.com
Both formations point to a completion near $7350 before the bounce
Looks like a Bearish Rectangle Continuation + larger Head & Shoulders in progress to bring us down near $9300 before our next bounce.
Head & Shoulders plus a Descending Triangle looks like were on the way down for a bit until the bounce back