BTC USD daily H&S in formation

2018年8月5日

It seems that BTC is forming a H&S on the daily time frame; it'll be confirmed if it continues to go down and bounces around 6370.
Wait and see...

2018年8月7日

交易進行

This is only the beginning...

2018年8月7日

註釋

Ultimate target @ 5870

2018年8月7日

註釋

Now it should bounce to form the shoulder's shape
If not, it'll continue to go higher to break the pattern

ETH did hit its historical support :-D

2018年8月8日

註釋

Neckline support reached

2018年8月9日

交易進行

Next stop around 6800

2018年8月14日

註釋

It didn't exceed 6600, and the shoulder won't be so large; it lack of momentum and the exhaustion should bring the dump sooner

2018年8月29日

手動結束交易

H&S not valid but incoming events (Mt Gox, Petro....) has still potential to trap bulls very soon, be careful!