Cabana Capitals Blog Technical Analysis BTCUSD broke through important 68936.2500 price line

BTCUSD broke through important 68936.2500 price line

BTCUSD broke through important 68936.2500 price line post thumbnail image

The price of BTCUSD in heading in the direction of 66552.3125. Despite the recent breakout through 68936.2500 it is possible that it will struggle to gain momentum to the forecast price and move back in the other direction. This has happened many times in the past so watch for a possible bounce back.

Supported by Downward sloping Moving Average

Target: 66552.3125 Entry: 68578.48 Stop: 71308.8702

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