BITCOIN Rising Trend Line In Consolidation Looking To Break ResistancesteemCreated with Sketch.

in #bitcoin5 years ago

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So resistance is at $5,343. We saw an effective double top, however not the typical trend so far as we have been supported by this rising trend line.

Volumes still are minimal, but any sort of volume could make a bull move break resistance and spike another huge rally.

Technical indicators are still favoring bearish pressure, but we will see how much the markets respond to them.

EMA's have still been providing a bunch of support.

EOS is the leader today, but still facing a double top at $6.

Hope you all have a great hump day!

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Thanks for the update

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