ETHJPY is heading towards the support line of a Channel Up and could reach this point within the next 3 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
Related Posts
Breach of support could mean a start of a bearish trend on ADAUSD
You would be well advised to confirm the breakout that has just occurred – do you believe the…
BTCUSD seems to be on its way to support – a possible opportunity?
BTCUSD is moving towards a line of 60437.7617 which it has tested numerous times in the past. We…
DASHUSD seems to be on its way to support – a possible opportunity?
DASHUSD is about to retest a key horizontal support level near 28.7400. It has tested this level 5…