A strong resistance level has been identified at 58315.1914 on the 1 hour BTCUSD chart. BTCUSD is likely to test it soon.
Supported by Upward sloping Moving Average
Target: 58315.1914 Entry: 57318.41 Stop: 56538.7436
Either a rebound or a breakout imminent on BTCUSD
Categories:
Related Post
A potential bullish movement on ETHUSDA potential bullish movement on ETHUSD
ETHUSD is trapped in a Channel Up formation, implying that a breakout is Imminent. This is a great trade-setup for both trend and swing traders. It is now approaching a
USDJPY approaches important level of 144.5770USDJPY approaches important level of 144.5770
The price of USDJPY in heading back to the support area. It is possible that it will struggle to break through it and move back in the other direction. The
GBPUSD breakout through resistanceGBPUSD breakout through resistance
A strong resistance level has been breached at 1.2545 on the 4 hour GBPUSD chart. Technical Analysis theory forecasts a movement to 1.2604 in the next 3 days. Supported by