BTCUSD and LTCUSD have both moved above their previous downtrend resistance lines. ETHUSD is lagging today, despite having outpaced BTC in previous weeks. An assertive push through this resistance line will likely result in a strong upward movement. Bollinger bands show strong compression on the 4H, indicating preparation for a price movement.
Actually, it is moving in normal trandline. BTC is artficially pumped, as well as LTC. There is not so much real world value in any of those coins yet, especially in BTC. I am not a bear, neither a bull.
Aps3
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@KISStheProfit, Yeah, so not breaking the resistance line would be "moving in normal trend." The point is we are looking for it to break trend.