Cabana Capitals Blog Technical Analysis Should we expect a bullish trend on BTCUSD?

Should we expect a bullish trend on BTCUSD?

Should we expect a bullish trend on BTCUSD? post thumbnail image

A strong resistance level has been breached at 70332.3906 on the 30 Minutes BTCUSD chart. Technical Analysis theory forecasts a movement to 71507.3281 in the next 18 hours.

Supported by Upward sloping Moving Average

Target: 71507.3281 Entry: 70527.61 Stop: 69821.6589

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