jurepetrovic

jurepetrovic

Seems like the previous resistance now became support. Let's load the bags.

jurepetrovic Updated 

What do you think about this possibility? Small H&S being formed on BTCUSD with a target of 6200?

jurepetrovic Updated 

There is a very small iHS in formation on hourly. Could lead to a target of 420. I'm still bullish, as we haven't dropped below longer term support (violett line).

jurepetrovic Updated 

4h iH+S has been confirmed. If it's not a bull trap, we should be targeting ~490.

jurepetrovic

We're seeing possible another leg down as a breakout of descending triangle OR this is a formation of falling wedge? Tread with caution if shorting.

jurepetrovic Updated 

This would temporarily bring BTCEUR to the targets around 6250€.

jurepetrovic

This rising wedge would indicate pattern at around 360€.

jurepetrovic Updated 

1) There is a possible iHS in formation on hourly. We would need close above 404€ to confirm it. Predicted target around 450€, give or take some. 2) On the other hand, daily chart hasn't shown us anything yet. Only brief DEMA18 crossing, nothing more. And the green volume is always meager than the red one. Drop below 385 could indicate continuation of the leg...

jurepetrovic

Seems the bullish momentum has been lost. We're back under the resistance line. Additionally, small rising wedge forming on 4hr.

jurepetrovic Updated 

Looks like we have confirmed small iHS on 4hrs. It seems we are slowly turning the tide - last leg didn't come to the downtrend support anymore and we're testing downtrend resistance seriously for the first time since start of May 2018.

jurepetrovic

If you ask me, I'm seeing pennant with possible bearish breakout. Let's wait and see what happens...

jurepetrovic Updated 

I will be patiently watching how this ihs in formation unfolds. Drop below right shoulder should indicate failure.

jurepetrovic

Let's see if the SEC news gains vanish with this descending triangle...

jurepetrovic

Should this rising wedge complete successfully we might see another drop in next day or two. However, level around 400€ is pretty stable support so it probably won't fall through so easily. Nice day and careful trading, Jure

jurepetrovic

I'm seeing bearish pennant, with a possible target of 385€ on successfull breakout. Keep SL's tight!

jurepetrovic

Everything shows we're in for a nosedive. That's just gathering speed for the climb afterwards! :) I'm setting target to around 400 as this used to be strong support.

jurepetrovic

The target for this descending triangle has been reached. However, I believe the monday morning will bring the resolution to this uncertain situation in ETHEUR.

jurepetrovic

Hate to be the bearer of bad news, but I see a small rising wedge forming on BTCUSD. We are not just ready yet.