This trade setup on BTCJPY is formed by a period of consolidation; a period in which the price primarily moves sideways before choosing a new direction for the longer term. Because of the bearish breakout through support, it seems to suggest that we could see the next price move to 9991550.0224.
Related Posts
Important price line being approached by ADAUSD. This price has been tested numerous times before.
ADAUSD is moving towards a key resistance level at 0.4788. ADAUSD has previously tested this level 5 times…
Extreme movement experienced on BTCEUR. Check this chart to see what to do next
BTCEUR has experienced an exceptionally large movement lower by 12.19% from 62752.58 to 55105.34 in the last 12…
BTCAUD moves lower to 90246.31 in the last 12 days.
BTCAUD has moved lower by 12.77% from 103463.69 to 90246.31 in the last 12 days.