BTC USD daily H&S in formation
Updated
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...
Wait and see...
Trade active
This is only the beginning...Note
Ultimate target @ 5870Note
Now it should bounce to form the shoulder's shape If not, it'll continue to go higher to break the pattern
ETH did hit its historical support :-D
Note
Neckline support reachedTrade active
Next stop around 6800Note
It didn't exceed 6600, and the shoulder won't be so large; it lack of momentum and the exhaustion should bring the dump soonerTrade closed manually
H&S not valid but incoming events (Mt Gox, Petro....) has still potential to trap bulls very soon, be careful!
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