26/03/2018 Bear confirmed, for how long ?

in #bitcoin • 7 years ago

Previous H&S pattern has given results, currently hitting the golden ration retracement:

daily.png

If we don't bounce from here 10k is old story. Note that RSI is going to hit a long time resistance.

The 1H is in the same state, will it bounce slightly for a 4 wave up ? or way more for an ABC ending? to be confirmed. RSI highly oversold though.

Onehourbtc.png

The 161 is now a target:

target.png

Quick note about LTC, the situation is identical to BTC. The Stop Loss at 156 has been taken and as in BTC the point of re-entry is the current question. Always Remember that the two most powerful warriors are patience and time.

#litecoin #bear #bearish
7 years ago in #bitcoin by
$0.00
    1 vote
    Reply 2
    Sort:  
  • Trending
    • [-]
     7 years ago 

    Hey @mozzi, great info on Bitcoin! Thanks for sharing. The markets are fun right now and it's great to have the updates from good content here on Steemit. Cheers!

    [-]
     7 years ago 

    image i'm still bullish though.

    $0.00
      Reply

      Coin Marketplace

      STEEM 0.19
      TRX 0.18
      JST 0.032
      BTC 87663.71
      ETH 3042.50
      USDT 1.00
      SBD 2.75