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Big movement expected on BTCUSD after a breach of the resistance

BTCUSD has broken through a resistance line of a Triangle and suggests a possible movement to 9879.5586 within the next 3 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 8 days.

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We expect a $0 movement on BR within 48 hours following the event release at 04 Nov 00:30.

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We expect BP to trend upwards right now.

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