ETHUSD is moving towards a resistance line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 5 days and may test it again within the next 2 days.
Related Posts
After experiencing 5 consecutive daily bearish candles in the space of 6 days, nobody knows where ETHUSD is headed.
ETHUSD has experienced an unusual quantity of bearish candles on the Daily timeframe. This is in the 0.949999988079071…
Supports and resistances are primary concepts of technical analysis. LTCUSD is heading for an important price of 84.5100 – read about what this could mean for the future.
LTCUSD is about to retest a key horizontal support level near 84.5100. It has tested this level 4…
After testing the support line numerous times, BTCJPY is once again approaching this line. Can we expect a bearish trend to follow?
BTCJPY is approaching the support line of a Channel Down. It has touched this line numerous times in…