Bitcoin, EOS, LTC, BNB, BAT, ETH and XRP Analysis: Quick Update
Bitcoin, EOS, LTC, BNB, BAT, ETH and XRP Analysis: Quick Update

By Workin | Technical Analysis | 28 May 2019


Bitcoin has stalled, currently trading around $8,670. Looking at the weekly chart, it looks like price may test $8,400. If it does, bulls need to see this prior area of resistance start acting as support. Volume remains relatively strong at $25 billion.

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We’re continuing to see bearish divergence on both the daily RSI and MACD.

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Regardless of short term price action, long term looks very bullish. The 21 week EMA has now crossed above the 55 week EMA.

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In today’s video I analyze Bitcoin, EOS, LTC, BNB, BAT, ETH and XRP. We’ll discuss where prices may be heading next, traps to avoid, key areas to watch and so much more. I hope you find it helpful.

Video Analysis:

I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading.

Workin

Disclaimer: This is NOT financial advice.

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Workin
Workin

Crypto: Hated by governments, banks and dictators. Loved by all those who believe in true freedom. Retired airline pilot...full time crypto enthusiast. #Freedom


Technical Analysis
Technical Analysis

Crypto: Hated by governments, banks and dictators. Loved by all those who believe in true freedom. Retired airline pilot...full time crypto enthusiast. #Freedom

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