Finally, after several attempts Bitcoin broke the resistance today. It was a strong one and every time the market was hitting it a strong bear reaction was taking place but bulls pushed hard this morning to break it.
Now Bitcoin is slowly moving up towards the new resistance, if we look at the 1hr graph, except for the last bear trap, a continuous steady uptrend has been in place for the past 40 hours, if this trend keeps in place we may end up reaching the new resistance by the end of the day.
EOS has a similar pattern, recovering this morning from last night big drop. It crossed all MA lines and now is trading towards the upper downtrend channel line. Current price is above $8,3
STEEM pattern is not as clear, the price has recovered after the big bear candle appeared last night. The market does not show a clear trend even though the morning push has sent the prices towards $1,5. We will have to see how the day unfolds as the volume is declining right now.
