BTC Testing it's $9000 resistance line. Technical Analysis 4/22/18

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0.000 HBD
BTC Testing it's $9000 resistance line. Technical Analysis 4/22/18
![](https://steemitimages.com/DQmTvFd5y8BZ9VejoZ2PVKomWyY7d1Dz5uT1NfYwhMGLeYR/image.png)

As you can see, we are currently testing a resistance line.

Let's take a look at some indicators.

BOLL: Right now we are following the upper bollinger band. This could either mean it will continue to follow or it will start to head the oppisite dirrection.

RSI: Still going up from previous technical analysis, almost overbought. This could be a good sign though.

<center> ![](https://steemitimages.com/DQmVnVwcb3ygYqi75jydCABSRCphWxaPqv2icamZ4K1AKpD/image.png) </center>

See how the RSI went overbought before the breakout? This could happen again possibly using the power of patterns!

StochRSI: Currently overbought, was overbought during previous time period (last screenshot)

![](https://steemitimages.com/DQmcopNRpuXJ7vTRsgLBuaBGRd4RaRBu5ZDQKbn5px6G1y2/image.png)

As you can see in the left it went up and down and up and down in the overbought zone. Is that what's going on right now?


MACD: Currently it's going up and it looks pretty healthy to me as the two lines have some distance apart from each other.

![](https://steemitimages.com/DQma5RMiCLJtqX12ZVujeM7R5qimWyFK5eFEMs413GCdvF6/image.png)

We have officially crossed the primary downtrend line as well.

![](https://steemitimages.com/DQmcNgbsxzrSncrhnBkMTayonCkAWXFjjpYuBSymKLnRZUM/image.png)
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