This trade setup on DASHEUR is formed by a period of consolidation; a period in which the price primarily moves sideways before choosing a new direction for the longer term. Because of the bullish breakout through resistance, it seems to suggest that we could see the next price move to 22.2685.
Related Posts
Interesting opportunity on BTCJPY after breaking 16676518.933157897
You would be well advised to confirm the breakout that has just occurred – do you believe the…
BTCEUR – approaching a price line that has been previously tested numerous times in the past
The movement of BTCEUR towards 96550.5625 price line is yet another test of the line it reached numerous…
DASHGBP – approaching a support line that has been previously tested at least twice in the past
The movement of DASHGBP towards the support line of a Triangle is yet another test of the line…