BCHUSD has broken through the support line of a Rising Wedge. It has touched this line at least twice in the last 6 days. This breakout indicates a potential move to 183.4841 within the next 2 days. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
Related Posts
Breach of 2274.7000 could mean a start of a bearish trend on ETHEUR
The price of ETHEUR in heading in the direction of 2248.1011. Despite the recent breakout through 2274.7000 it…
BTCJPY is signaling a possible trend reversal on the intraday charts with price not breaching resistance.
BTCJPY is moving towards a support line which it has tested numerous times in the past. We have…
Supports and resistances are primary concepts of technical analysis. ADAUSD is heading for an important price of 0.6633 – read about what this could mean for the future.
The movement of ADAUSD towards 0.6633 price line is yet another test of the line it reached numerous…