ETHUSD has broken through a support line of a Triangle and suggests a possible movement to 180.6509 within the next 2 days. 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 5 days.
Related Posts
Supports and resistances are primary concepts of technical analysis. LTCEUR is heading for an important price of 92.3300 – read about what this could mean for the future.
The movement of LTCEUR towards 92.3300 price line is yet another test of the line it reached numerous…
Because DASHGBP formed a Triangle pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
An emerging Triangle has been detected on DASHGBP on the 4 hour chart. There is a possible move…
Important price line being approached by ETHUSD. This price has been tested numerous times before.
ETHUSD is about to retest a key horizontal resistance level near 3758.0300. It has tested this level 5…