BTCAUD is moving towards a resistance line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If BTCAUD continues in its current trajectory, we could see it reach 140344.7809 within the next 3 days.
BTCAUD is signaling a possible trend reversal on the intraday charts with price not breaching support.
