BTCUSD has broken through the support line which it has tested twice in the past. We have seen it retrace from this position before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 7029.6540 can be expected within the next 20 hours.
Related Posts
Bulls aim for 382641.4567 after the ETHJPY triggered a bullish formation on the 1 hour chart
You would be well advised to confirm the breakout that has just occurred – do you believe the…
DASHBTC is approaching 1.8460E-04. We expect either a breakout through this line, or a rebound.
DASHBTC is heading towards 1.8460E-04 and could reach this point within the next 2 days. It has tested…
After testing the resistance line numerous times, BCHUSD is once again approaching this line. Can we expect a bullish trend to follow?
BCHUSD is approaching the resistance line of a Triangle. It has touched this line numerous times in the…