Aurum Markets Blog Technical Analysis BTCUSD broke through important 84327.4375 price line

BTCUSD broke through important 84327.4375 price line

BTCUSD broke through important 84327.4375 price line post thumbnail image

BTCUSD has broken through a support line. It has touched this line numerous times in the last 9 days. This breakout shows a potential move to 79226.7969 within the next 2 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.

Supported by Downward sloping Moving Average

Target: 79226.7969 Entry: 83086.81 Stop: 87527.798

Leave a Reply

Your email address will not be published.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

Related Post