rahsosprout

rahsosprout

Chart

rahsosprout

My guess is bounce within rising wedge and fall out close to $700. Strong support on trendline from Nov. uptrend.

rahsosprout

BTC forming a rising wedge with low volume within the wedge that extends up to mid 20K+. Waiting for a break below the wedge support with high volume to initiate a short entry

rahsosprout

Forming head and shoulders on 4 hour timeframe. Can wait for breakdown of neckline and retest to initiate position

rahsosprout

ETH is currently sitting at the blue trend line from November which has been acting as support. The bulls will need to hold here to continue the uptrend, but I think this is lower probability due to the bearish signals on the longer timeframes. If the blue support breaks, it will likely act as resistance and the next key support level will be the purple trend line...

rahsosprout Updated 

Currently within a descending triangle with top of triangle acting as resistance. Also below key resistance zone (red rectangle) from which it has been rejected several times (weakening with each touch).

rahsosprout Updated 

Wait for retest of neckline to initiate position