sacrelege

sacrelege Updated 

double top, H&S and very close to break trend line.

sacrelege

We got a higher and lower band at 409.69 and 423.78 and an inner triangle. Price is pretty much in the middle of all the lines. Wait for clear breakout and trade to edge of the outer triangle.

sacrelege

Next target ~0.04280 if bull trend continues. On the downside 0.025 must hold, otherwise, target is invalidated.

sacrelege

plain and simple.

sacrelege

Daily already above ath body, Expecting new ath.

sacrelege Updated 

Orderbook on kraken confirms, double bottom, bitcoin weak.

sacrelege

Also in correlation with ethereum (possible double bottom, no new lows)

sacrelege Updated 

retrace complete, it will fall down to 395-400

sacrelege

ETH/XBT has more vol than ETH/USD, but the line hit was so nice :)

sacrelege

After unresolved scaling debate, increased fees, lots of unconfirmed transactions, the confidence dropped across the boarder. Ethereum gained momentum during the exact same moment. The current situation is unchanged, some smaller replacements expected, but situation is still not really changed. Next couple of days, sideways/triangle bottom testing.

sacrelege

just based on my trend lines and recent price action

sacrelege

Bulls seems exhausted.

sacrelege

it always does...

sacrelege

Channel Top Reached, short next 2-3 Days, maybe re-test recent lows

sacrelege

Short term shot setup

sacrelege Updated 

if bottom breaks, next target 1750

sacrelege

more or less this is the current top. I'm expecting a drop to about 380-383 before the next rise, which will hopefully bring us above 400.

sacrelege

It looks like we got a parallel channel now...