The price of BTCUSD in heading back to the support area. It is possible that it will struggle to break through it and move back in the other direction. The price may eventually break through, but typically the price retreats from the level a number of times before doing so.
Related Posts
BTCJPY – breach of a trending support line that has been tested at least twice before.
You would be well advised to confirm the breakout that has just occurred – do you believe the…
If you’re long XRPUSD you should be aware of the rapidly approaching level of 0.5697
XRPUSD is moving towards a key support level at 0.5697. This is a previously tested level for XRPUSD.…
BTCUSD broke through a resistance at 2024-08-29T11:00:00.000Z, with the price momentum continuing to move in an upward direction over the next hours, good opportunity presents itself with the price expected to reach 60151.0966.
The breakout of BTCUSD through the resistance line of a Triangle could be a sign of the road…