The breakout of BTCAUD through the 157142.1875 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, BTCAUD could test 161909.8281 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.
Related Posts
Breach of resistance could mean a start of a bullish trend on BTCJPY
BTCJPY has broken through a resistance line of a Falling Wedge chart pattern. If this breakout holds true,…
BTCAUD seems to be on its way to support – a possible opportunity?
A strong support level has been identified at 151055.7969 on the 4 hour BTCAUD chart. BTCAUD is likely…
An unexpected large move has occurred on ETHJPY 1 hour chart! Is this a sign of something new? What can we expect?
Those of you that are trend followers are probably eagerly watching ETHJPY to see if its latest 8.23%…