Major Cryptocurrencies Attempt Breakouts From Key Chart Patterns - Bulls and Bears Battle for Momentum
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Bitcoin continues uptrend, attempting to break out of triple inside bar pattern. Bullish if stays above 200-day SMA.
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Ethereum and Dogecoin trading in symmetrical triangles, unable to break resistance. Bearish if lose 50-day SMA support.
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Bulls want Bitcoin, Ethereum, Dogecoin to break up from patterns. Bears want breakdown on high volume.
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Ethereum facing resistance at $1,615 and $1,717, support at $1,564 and $1,421.
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Bitcoin has resistance at $30,050 and $31,418, support at $28,690 and $27,133.