BTC USD daily H&S in formation

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...

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This is only the beginning...

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Ultimate target @ 5870

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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

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Neckline support reached

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Next stop around 6800

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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

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