Price is just consolidating at the moment...bouncing off from a certain SNR Level.
its on a general downtrend to which its also hitting that major resistance line as well
Lets enter for a sell now or wait for better entry to enter...enjoy
Brief......Price is likely to reverse and resume an uptrend....the cry for the BULLS to take over is over as the BULLS are ready to take over the market....lets get ready to BUY BITSTAMP:BTCUSD
Price rejecting off the 1hr major resistance Trendline and also hitting the a double resistance at that particular area…RSI also showing a possible downward move