This trade steup on ETHUSD is formed by a period of consolidation; a period in which the price primarily moves sideways before choosing a new direction for the longer term. Because of the bearish breakout through support, it seems to suggest that we could see the next price move to 2191.6273.
Related Posts
Supports and resistances are primary concepts of technical analysis. BCHUSD is heading for an important price of 307.3100 – read about what this could mean for the future.
BCHUSD is moving towards a key resistance level at 307.3100. BCHUSD has previously tested this level 3 times…
Extreme movement experienced on XRPBTC. Check this chart to see what to do next
Those of you that are trend followers are probably eagerly watching XRPBTC to see if its latest 16.37%…
After testing the support line numerous times, DASHGBP is once again approaching this line. Can we expect a bearish trend to follow?
DASHGBP is heading towards the support line of a Channel Down and could reach this point within the…