BTC consolidating. Future volume will tell if we get continuation or retracement.

$XBTUSD 4H - Possible double top, break of 7.6k bottom would confirm; - Clear bear divs on (Stoch)RSI; - Decreasing volume. Possible correction to 7k or bellow, unless 7.6 can hold and consolidate.

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.

Always good to have some bids waaay down there :)

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.

Yeah, looks like we got a range to consolidate.

This might take a while...

DEE-FENSE! 👏👏 DEE-FENSE!

Back in there

$ETHBTC Possible range looks worse than $BTCUSD.