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After testing 104758.9609 numerous times, BTCAUD has finally broken through. Can we expect a bullish trend to follow?

BTCAUD has broken through a resistance line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 5 days and suggests a possible target level to be around 107153.9219 within the next 2 days.

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Supports and resistances are primary concepts of technical analysis. LTCBTC is heading for an important price of 0.0012 – read about what this could mean for the future.

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