Just a few scenarios I want to have in mind for the coming days/weeks. Scenario 1 and 2 would be great entries for a long position.
We're approaching the key level of 5k$ which should act as resistance. Plus we can see that wave-5 is forming some kind of ending diagonal so that's a good sign of exhaustion. I think it's a good time to take your profits and short bitcoin.
OMGBTC breaking out of nice triangle. Quite an easy trade.
So I see 2 scenarios here : -We might break this small triangle and rally up to the 400€ area. -Or we get into a bit more complex consolidation. Which could give a better entry point. In any case ETH is still really strong and I'm expecting a 5th up wave :)
I think ETC will have a quick drop to 14€ or so. ETC seems very affected by bitcoin price moves (like May 27th).
DASH breakout, see target. Very likely to go even higher I think
Saw it a bit late but it will most likely go even more down so short on it