Important price line breached by BTCUSD

Past performance is not an indicator of future results.
BTCUSD has broken through a line of 11604.9600 which it has tested numerous times in the past. We have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 11147.5049 can be expected within the next 3 days.