BTCJPY is moving towards the support line of a Triangle 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 BTCJPY continues in its current trajectory, we can expect it to reach 1181527.9200 within the next 18 hours.
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After testing the resistance line numerous times, BTCJPY is once again approaching this line. Can we expect a bullish trend to follow?
BTCJPY is moving towards a resistance line. Because we have seen it retrace from this line before, we…