We should bounce back the the ~4700 area before we see the down slope to the mid 3000's, high around 3750, down to 3600. Set sells at 4690 and buy back between 3750 and 3600
LOTS of resistance at 3500. This should bounce us back down the channel to the 3000-3100 range until we rebound back. This is a zoomed in view of a long term channel. Sell: 3320 Break: 3240 Buy1: 3200 Buy2: 3100 Buy3: 2850 Stop Loss: 3350
We'll test back to 3.8 soon but volume here isn't great. C&H formation back down to the 3.3 mark. Purchase here then we'll break back to 3.8 Once that breaks, FIB Channels @ 4.1 and 4.6 Buy @ 3.3 Break @ 3.8 Sell1 @ 4.1 Sell2 @ 4.6 Stop Loss: 3.2
We keep getting juice from the recent BCHUSD fork and BTCUSD push. And since ETHUSD prices seem to twin bitcoin, a long above 300 is ready to break. 230 was a big comeback and we followed up quick to 266, but haven't been able to push over that hump after a few bursts. If we can break ~266, we can expect a pump to 300, which is another fun level for us to...
Normally, I would long this, but there's so much bouncing right now, especially on bitfinex since they are supporting bitcoin cash(BCH). If you compare prices at stamp or anywhere else, we're taking a bit longer to notice actual movement due to people hedging on shorts for there BCH come July 1. Best case, we bounce around this area and maybe uptick to 2700. More...
2 short handles back to back. Probably won't see above 2820 before we go sideways, but 2850 is strong as well.
Very short handled cup that kissed off of $2800. If we can break that line, the price will take off. Otherwise, we'll be here until the 31st and we will bounce back between here and $2600.
6 hour tides until tomorrow