ChartPicasso888

BTCUSD now meeting resistance at the sloping downtrend line

COINBASE:BTCUSD   Bitcoin
As the bears continue to weigh us down away from 11000 at every chance we now respecting the sloping resistance line on the downtrend, nonetheless we still need a decision as there are wicks flying in every other direction. There is a lot of selling and buying as swings as high as 6% make for considerable profits in either directions. I would await a lower low to be set to stack in BTC and a higher high to be set to confirm a bull run, as far as things stand we are pretty much even.

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