Cabana Capitals Blog Technical Analysis BTCUSD is on the approach

BTCUSD is on the approach

BTCUSD is on the approach post thumbnail image

BTCUSD is moving towards a resistance line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 5 days and may test it again within the next 2 days.

Supported by Upward sloping Moving Average

Target: 67166.5234 Entry: 65828.5 Stop: 64994.331

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Post