After testing support twice in the past, BTCEUR has finally broken through. Can we expect a bearish trend to follow?

The breakout of BTCEUR through the support line of a Channel Up could be a sign of the road ahead. If this breakout persists, we expect the price of BTCEUR to test 6445.7113 within the next 6 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.