BTCUSD is moving towards a line of 16881.9707 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If BTCUSD continues in its current trajectory, we may see it move towards 16881.9707 within the next 23 hours.
Related Posts
After trying numerous times in the past, BTCUSD finally breaks 105584.6563!
A strong resistance level has been breached at 105584.6563 on the 1 hour BTCUSD chart. Technical Analysis theory…
LTCUSD moves higher to 127.23 in the last 14 hours.
LTCUSD has moved higher by 12.39% from 113.2 to 127.23 in the last 14 hours.
XRPUSD formed a Ascending Triangle on the 4 hour chart. Retest of resistance in sight.
A Ascending Triangle pattern was identified on XRPUSD at 3.124, creating an expectation that it may move to…