Bitcoin Bounces, Major Resistance Looms, Decred at Channel Top

I got the volatility right with my call, but not the direction with my last call. The next test for Bitcoin now is around $8700-$8900 depending on how fast it advances. That's the resistance line formed from the December 2017 top.
One chart and crypto I like is Decred. It's been a pretty reliable indicator for the overall crypto market because it hasn't seen as much speculative fervor. It is right near the top of its descending channel indicating a pullback could be coming for cryptos. Decred isn't leading the market though; if Bitcoin breaks out I'd expect Decred to follow. But if the market hasn't changed its character, the Decred chart should keep its predictive ability.

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