Based on the 4 hour chart I noticed this head and shoulders pattern. ETC broke the resistance zone and then failed to break the higher resistance and was clearly pushed down. What are your thoughts?
GAME:BTC broke away from that descending channel which makes me bullish. First target: 60000 satoshis (resistance) Second target: 100000 satoshis (resistance) Will update my next targets once these are broken.
After GDP:USD hit a double top at the resistance I've been bearish ever since. I think we will breakout of this ascending triangle pattern. Wait for confirmation at the lines of the triangle. If breaks down, set a short trade & the target will be the trend line. If stop-loss is broken go long.
Ripple is continuously testing that green box support and it will have to break eventually. Confirmation will be the line break. Keep watching.
After support failed between 17k - 18k satoshis I think we are heading back down to the neckline to finish off classic head and shoulders pattern. I will keep this updated.