BCHEUR has broken through the resistance line of a Falling Wedge. It has touched this line at least twice in the last 2 days. This breakout indicates a potential move to 246.6856 within the next 5 hours. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
Related Posts
It’s time to make a decision on ETHJPY – its recent breach of 355683.0000 could be a sign of a new trend to follow.
ETHJPY has broken through 355683.0000 which it has tested numerous times in the past. We have seen it…
Important price line being approached by ADAUSD. This price has been tested numerous times before.
The movement of ADAUSD towards 0.8104 price line is yet another test of the line it reached numerous…
BCHUSD has broken out from the Falling Wedge pattern. Expect it to hit 410.1231 soon.
The last 8 1 hour candles on BCHUSD formed a Falling Wedge pattern and broken out through the…