BTCJPY has broken through a line of 2247464.2500 and suggests a possible movement to 2271072.2500 within the next 3 days. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 16 days.
Related Posts
Interesting opportunity on ADAUSD after breaking 0.7379675675675677
You would be well advised to confirm the breakout that has just occurred – do you believe the…
XRPUSD – approaching a price line that has been previously tested numerous times in the past
XRPUSD is moving towards a resistance line. Because we have seen it retrace from this level in the…
BTCJPY is signaling a possible trend reversal on the intraday charts with price not breaching support.
The movement of BTCJPY towards the resistance line of a Triangle is yet another test of the line…