ADAUSD has broken through a support line of a Triangle and suggests a possible movement to 0.4206 within the next 3 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 7 days.
Related Posts
BCHUSD is currently testing a level of 586.8500. Will the breakout continue or will things reverse?
BCHUSD has broken through a resistance line. It has touched this line numerous times in the last 12…
Because ETHJPY formed a Channel Up pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
ETHJPY is moving towards a resistance line. Because we have seen it retrace from this line before, we…
DASHBTC – approaching a price line that has been previously tested numerous times in the past
The movement of DASHBTC towards 1.9170E-04 price line is yet another test of the line it reached numerous…