Check Out The Charts On These 3 Cryptos

Bitcoin BTC/USD, Ethereum ETH/USD and Binance Coin BNB/USD are three of the most popular cryptocurrencies at this time, according to coinmarketcap.

Below is a technical look at each chart.

Bitcoin Chart Analysis

• Bitcoin looks to be retesting old resistance after breaking out of an ascending triangle.
• Bulls would like it to bounce at the old resistance of $60,000 and continue to build higher lows.
• Bears would like to see it fail to hold old resistance and fail to keep forming higher lows.

Ethereum Chart Analysis

• Ethereum looked to have broken out of an ascending triangle and was able to retest resistance as support and hold.
• Now, bulls would like to see the coin continue to form higher lows and stay in the uptrend.
• Bears would like to see the coin stop forming higher lows and start moving down.

Binance Coin Chart Analysis

• The chart showed previous resistance near the $370 level before it was able to break out.
• The coin looks to be in a strong uptrend shown by connecting the lows.
• The coin was able to break out of an ascending triangle in early April
• Bulls would like to see a bounce and have the coin continue to form higher lows.