BTCJPY is moving towards a resistance line. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 2 days and may test it again within the next 8 hours.
BTCJPY formed a Rising Wedge on the 1 hour chart. Retest of resistance in sight.
