BTCUSD has broken through the support line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 16659.7350 may materialize within the next 16 hours.
Related Posts
Will XRPBTC break through the support level it tested before?
XRPBTC is about to retest a key horizontal support level near 2.6330E-05. It has tested this level 5…
Could a large bearish move on LTCBTC be a sign of things to come?
LTCBTC hits 0.001188 after a 21.74% move spanning 6 days.
After testing the resistance line numerous times, ETHUSD is once again approaching this line. Can we expect a bullish trend to follow?
Emerging Falling Wedge detected on ETHUSD – the pattern is an emerging one and has not yet broken…