Receive the latest alerts via email

BTCUSD – breach of a trending resistance line that has been tested at least twice before.

BTCUSD has broken through the resistance line of a Channel Down technical chart pattern. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line twice in the last 14 days and suggests a target line to be around 10707.0895 within the next 4 days.

Total
0
Shares
Previous Post

After testing 2860.0000 numerous times, SPX500 is once again approaching this price point. Can we expect a bearish trend to follow?

Next Post

NAS100 – approaching a support line that has been previously tested at least twice in the past

Related Posts