Aurum Markets Blog Technical Analysis BTCUSD approaching resistance level

BTCUSD approaching resistance level

BTCUSD approaching resistance level post thumbnail image

BTCUSD is approaching a resistance line at 118639.8125. If it hits the resistance line, it may break through this level to continue the bullish trend, or it may turn around back to current levels.

Supported by Upward sloping Moving Average

Target: 118639.8125 Entry: 116737.54 Stop: 115951.1008

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