Aurum Markets Blog Technical Analysis BTCUSD approaching important bearish key level

BTCUSD approaching important bearish key level

BTCUSD approaching important bearish key level post thumbnail image

BTCUSD is moving towards a key support level at 108370.7500. BTCUSD has previously tested this level 3 times and on each occasion it has bounced back off this level. Is this finally the time it will break through?

Supported by Downward sloping Moving Average

Target: 108370.75 Entry: 109283.49 Stop: 109699.3105

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