Probable bearish engulfing close on daily. Don't take it at face value tho, as we've had a few before (outlined) followed by consolidation/breakout. Refer to previous 4H charts for a more meaningful setup.

The Bottom Is In But The Bull Market Is Not Quite Here (Soon) 🔗https://t.co/IaQK4v2Dj9

I've spread some bids lower on the fibs. PS.: Notice how the dump touched exactly the first fib...

Possible $ETHBTC bull pennant. Keep an eye for a higher volume candle.

Testing previous support as resistance.

Pennant invalidated on heavy volume on that BTC move. Could still be a descending triangle if 3180 holds. No position taken.

Still on resistance area, a close above would be very bullish indeed. I'm waiting.

Truly impressed with this mad lad. Looks like the correction has been adjourned, a new high would confirm.

Interesting formation shaping out on 4H. Tests of 8.4k high and 7.6k lower range both rejected. This could be building up to break up or just starting a new range. Everything bellow 7.6k seems to have been just a distraction caused by that massive Bitstamp…

New range low rejection.

Selling off a little of my #bitcoin risk here, it's a scalpers market inside the local pennant. Re-buying around $7200 or so.

Yeah, looks like we got a range to consolidate.

Here we go... $280... pause then $300 with a wick to $320 $ETH #Ethereum

This might take a while...

$ETHBTC Possible range looks worse than $BTCUSD.

Cool story, but low volume. I'll. keep my eyes on the range, not the triangle.

New high, I probably was too quick to dismiss the move. Paying close attention.

Specifically paying attention to if we have a 4H close outside the range (a new high). Just has to hold 15 more minutes up there. If that's the case I'll have to adjust my bids upwards. I joke and all but the dip will eventually come, as it always does.