The weekend started with a correction, now we need to see if the markets react in either direction.
Bitcoin crossed the $7500 resistance yesterday afternoon and triggered a strong bearish reaction losing more than $300 in just 1hr. The price dropped during the night crossing the lower trading range channel line until the 100MA acted as support where price bounced up. Volume has been declining.
EOS kept declining until hitting 200 MA line. Now both RSI and MACD show uptrend but volume has also been declining. We need to see what the market does in the coming hours.
STEEM also kept declining all day until it hit the top triangle line and bounced up. Also, RSI and MACD show uptrend now and the price is slowly gaining positions.
