BTCUSD has broken through a support line of a Head and Shoulders and suggests a possible movement to 65985.8891 within the next 5 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 16 hours.
Related Posts
BCHUSD recorded 6 consecutive daily bearish candles.
Rare candle sequence recorded on the BCHUSD Daily chart, ending at 569.4400.
A Falling Wedge has formed, BTCEUR is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?
BTCEUR is moving towards a support line which it has tested numerous times in the past. We have…
If ADAUSD touches 0.9782 it may be time to take action.
ADAUSD is en route to a very important line that will be a definite deciding factor of what…