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Bitmex

DAILY Inverse Head & Shoulders!!! I noticed this H&S formation a few days ago and decided it needed to be published. although its not the perfect H&S, after I seen it I couldn't unseen it. The neckline on this lines up perfectly on that Resistance level. I have also marked on the chart a potential Bull flag, this forming bull flag has attempted to pierce through the supply zone twice already which now makes that supply zone a "weak zone" given the volatility of bitcoin right now it wouldn't be unheard of for it to go on a further run. my TA suggests to the next supply zone around $12500. IMO we consolidate for a while up there. **NOTE** Typically I would have an inverse H&S at the bottom of a bigger down trend, I have drawn this in purely because IMO its playing out. XBT/USD D
BITMEX:XBT
by CryptoTennille
1
#ETH : Current levels im watchingEthereum at a significant resistance here, to me it looks like we are in for some retracement. Keep a eye out for a possible SR flip at one of the below levels and a stoch/rsi reset on Lower timeframes if sell off does occur. We may paint a large flag pattern and bounce off one of the support areas. 280$ and 250$ are strong support areas if we do come down. Meanwhile if we claim 334 and flip it as support i can see us heading to 363 the top of the zone.
BITSTAMP:ETHUSD
by Worth_The_Ri5k