The breakout of DASHEUR through the 62.6600 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of DASHEUR to test 61.7600 within the next 12 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
Related Posts
Because LTCUSD formed a Falling Wedge pattern, we expect it to touch the support line. If it breaks through support it may move much lower
LTCUSD is trapped in a Falling Wedge formation, implying that a breakout is Imminent. This is a great…
LTCEUR seems to be on its way to support – a possible opportunity?
LTCEUR is moving towards a key support level at 66.0000. This is a previously tested level for LTCEUR.…
After testing support twice in the past, ETHEUR has finally broken through. Can we expect a bearish trend to follow?
ETHEUR moved through the support line of a Triangle at 1422.4331034482757 on the 30 Minutes chart. This line…