Cabana Capitals Blog Technical Analysis Either a rebound or a breakout imminent on BTCUSD

Either a rebound or a breakout imminent on BTCUSD

Either a rebound or a breakout imminent on BTCUSD post thumbnail image

The movement of BTCUSD towards 92277.0313 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 13 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.

Supported by Downward sloping Moving Average

Target: 92277.0313 Entry: 94755.21 Stop: 95791.8486

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