ETHUSD has broken through a support line of a Head and Shoulders and suggests a possible movement to 186.8089 within the next 9 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
ETHJPY keeps moving closer towards 367673.9688. Will it finally breach this level?
ETHJPY is moving towards a line of 367673.9688 which it has tested numerous times in the past. We…
After testing the resistance line numerous times, BTCEUR is once again approaching this line. Can we expect a bullish trend to follow?
BTCEUR was identified at around 92522.86 having recently rebounded of the support on the 4 hour data interval.…
Could 6 consecutive daily bearish candles on ADAUSD be a sign of things to come?
ADAUSD has experienced an unusual quantity of bearish candles on the Daily timeframe. This is in the 0.95…