Cabana Capitals Blog Technical Analysis BTCUSD approaching important bullish key level

BTCUSD approaching important bullish key level

BTCUSD approaching important bullish key level post thumbnail image

BTCUSD is heading towards a line of 97592.3828. If this movement continues, the price of BTCUSD could test 97592.3828 within the next 17 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.

Supported by Upward sloping Moving Average

Target: 97592.3828 Entry: 96168.07 Stop: 95548.8001

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