Aurum Markets Blog Technical Analysis BTCUSD broke through important 109014.3281 price line

BTCUSD broke through important 109014.3281 price line

BTCUSD broke through important 109014.3281 price line post thumbnail image

The price of BTCUSD in heading in the direction of 111354.5078. Despite the recent breakout through 109014.3281 it is possible that it will struggle to gain momentum to the forecast price and move back in the other direction. This has happened many times in the past so watch for a possible bounce back.

Supported by Upward sloping Moving Average

Target: 111354.5078 Entry: 109682.61 Stop: 106558.6545

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Post