BTCJPY is moving towards the resistance line of a Triangle which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If BTCJPY continues in its current trajectory, we can expect it to reach 932955.3800 within the next 11 hours.
Related Posts
LTCBTC is approaching 1.0040E-03. We expect either a breakout through this line, or a rebound.
LTCBTC is moving towards a key resistance level at 1.0040E-03. This is a previously tested level for LTCBTC.…
Rare set of bullish consecutive candles on the ETHBTC Daily chart. Can we expect a turn-around?
ETHBTC has experienced an unusual quantity of bullish candles on the Daily timeframe. This is in the 0.95…
ETHJPY breakout from a Descending Triangle trade setup. Will it continue this trend to hit the target price?
The last 2 30 Minutes candles on ETHJPY formed a Descending Triangle pattern and broken out through the…