Ascending wedge forming, looking for short opportunities around the 27200-27250 range. Bear market cycle begins end of October.
Bounce off the 61.8 fib as well as escalating political tensions as the catalyst between Syria and Turkey. Lira flash crash here we go.
Following BTC's big break down this week, expecting a retest at the 9200 level before the possibility of breaking lower to 7800-7450.
Completing H&S pattern after forming the right shoulder last few weeks, bouncing off 1485-1488 Support/Weekly Low.
ETHUSD hovering around 188~ which is also the 6.18 fib retracement, expecting a bounce upwards following BTC. Marked short term targets.
Bouncing off resistance, 0.5/618 fib retracement and right shoulder forming to complete H&S.
3 confluences present; a final push up towards the trend line and neck of the inverse H&S as well as a bounce off the 6.18 Fib before breaking the triangle of accumulation in which BTC has been ranging in for the past few months.