Bitcoin Trying to Breakout of Falling Trendline

in #bitcoin • 6 years ago

As you can see from the Chart above, Bitcoin is trying to break above a Falling trendline which has been respecting for the past couple of months now.

The Volumes seem to be good for the breakout! There is some strength!
I think the next stop will be at $9200 which is a horizontal resistance level and also the neckline for the Inverse Head & Shoulders I posted earlier!

Let's see how this goes!

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#cryptocurrency #technicals #trading #charts
6 years ago in #bitcoin by
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