Cabana Capitals Blog Technical Analysis BTCUSD has broken through support

BTCUSD has broken through support

BTCUSD has broken through support post thumbnail image

Rising Wedge pattern identified on BTCUSD has broken through a support level with the price momentum continuing to move in an downward direction. A solid trading opportunity continues with the price expected to reach 61552.8564 in the next 2.

Supported by Downward sloping Moving Average

Target: 61552.8564 Entry: 64705.8483 Stop: 66131.67

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