BTCJPY has broken through a resistance line. It has touched this line at least twice in the last 12 days. This breakout may indicate a potential move to 10867998.0671 within the next 2 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Related Posts
A possible move on ETHAUD as it heads towards resistance
ETHAUD is moving towards a resistance line. Because we have seen it retrace from this line before, we…
ADAUSD – approaching a price line that has been previously tested numerous times in the past
ADAUSD is heading towards 0.7433 and could reach this point within the next 2 days. It has tested…
BTCAUD is signaling a possible trend reversal on the intraday charts with price not breaching resistance.
The movement of BTCAUD towards the support line of a Channel Down is yet another test of the…