Aurum Markets Blog Technical Analysis BTCUSD approaching resistance level

BTCUSD approaching resistance level

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The movement of BTCUSD towards 115925.5391 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 14 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.

Supported by Upward sloping Moving Average

Target: 115925.5391 Entry: 114386.26 Stop: 113716.3118

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