Bitcoin
Short

BTC USD daily H&S in formation

Aktualisiert
It seems that BTC is forming a H&S on the daily time frame; it'll be confirmed if it continues to go down and bounces around 6370.
Wait and see...
Trade ist aktiv
This is only the beginning...
Anmerkung
Ultimate target @ 5870
Anmerkung
Now it should bounce to form the shoulder's shape Snapshot
If not, it'll continue to go higher to break the pattern

ETH did hit its historical support :-D
Anmerkung
Neckline support reached
Trade ist aktiv
Next stop around 6800
Anmerkung
It didn't exceed 6600, and the shoulder won't be so large; it lack of momentum and the exhaustion should bring the dump sooner
Trade wurde manuell geschlossen
H&S not valid but incoming events (Mt Gox, Petro....) has still potential to trap bulls very soon, be careful!
Bitcoin (Cryptocurrency)btcshortBTCUSDbtcusdshortBTCUSDTHead and ShouldersTrend Analysis

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