Don't let this tiny green candle fool you, because a larger trend pattern is forming, and most people haven't noticed.

We are currently hovering around $0.03364, and it looks like we're finally trying to break out of that boring consolidation zone. $0.02760 has held up pretty well as support, but the real test is coming soon.
Did you see that spike pulled up from $0.04089 a few weeks ago? That's the main resistance we need to break through before we can truly start trending. The current price action is forming higher lows, which is a good sign, but the trading volume is still a bit thin, so it's not a breakout yet.
The order book is currently more skewed toward sellers, with a ratio of 56%, so there is definitely some pressure right now, temporarily holding the situation down.
If we can flip $0.035 into support, I expect another surge back to those April highs. If we fail here, we are likely to fall back to the $0.030 level for a re-adjustment.
I've been watching the daily close. If we can continue to stay above the recent local highs, this momentum might really hold this time.
#BitcoinSpotVolumeNewLow