BTCAUD has broken through a line of 64417.7891 and suggests a possible movement to 59938.9492 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 14 days.
Related Posts
A possible move on ETHUSD as it heads towards resistance
ETHUSD is moving towards a resistance line which it has tested numerous times in the past. We have…
Supports and resistances are primary concepts of technical analysis. DASHBTC is heading for an important price of 1.9600E-04 – read about what this could mean for the future.
DASHBTC is about to retest a key horizontal resistance level near 1.9600E-04. It has tested this level 5…
BCHUSD recorded 6 consecutive daily bearish candles.
Rare candle sequence recorded on the BCHUSD Daily chart, ending at 569.4400.