Previous H&S pattern has given results, currently hitting the golden ration retracement:
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.
The 161 is now a target:
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.
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!