[BTCJPY] Focus on the movement after the double bottom breakout upper breakout

In the daily chart, a double bottom was forming (around 680,000 yen as the bottom, around 730,000 yen as the neck line), but the neck line was broken to the upside. Then, with the 75SMA pressing from above, it entered a range around 750,000 yen. The target at the time of the double bottom breakout was about 780,000 yen. Considering the current range, a scenario of a pause for a pullback followed by a continuation rise can be imagined. Whether it can rise by being supported by the upward-sloping 5SMA will likely be the key for a continuation.