ADAUSD has broken through the resistance line of a Falling Wedge. It has touched this line at least twice in the last 7 days. This breakout indicates a potential move to 0.0350 within the next 2 days. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
Related Posts
After testing resistance twice in the past, XRPUSD has finally broken through. Can we expect a bullish trend to follow?
XRPUSD has broken through the resistance line of a Falling Wedge technical chart pattern. Because we have seen…
Important price line being approached by LTCEUR. This price has been tested numerous times before.
LTCEUR is approaching a support line at 81.9200. If it hits the support line, it may break through…
A possible move on BTCUSD as it heads towards support
The movement of BTCUSD towards the support line of a Falling Wedge is yet another test of the…