BCHBTC has broken through a support line of a Triangle and suggests a possible movement to 0.0290 within the next 7 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 2 days.
Related Posts
Will BTCAUD break through the support level it tested before?
The price of BTCAUD in heading back to the support area. It is possible that it will struggle…
BCHUSD formed a Triangle on the 4 hour chart. Retest of resistance in sight.
An emerging Triangle has been detected on BCHUSD on the 4 hour chart. There is a possible move…
LTCEUR heading towards a price it has tested 4 times in the recent past.
LTCEUR is moving towards a key support level at 77.9800. LTCEUR has previously tested this level 4 times…