Cabana Capitals Blog Technical Analysis Resistance line breached by BTCUSD

Resistance line breached by BTCUSD

Resistance line breached by BTCUSD post thumbnail image

BTCUSD moved through the resistance line of a Channel Down at 63155.278648648644 on the 30 Minutes chart. This line has been tested a number of times in the past and this breakout could mean an upcoming change from the current trend. It may continue in its current direction toward 63642.2559.

Target: 63642.2559 Entry: 63155.2786 Stop: 62667.52

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