The breakout of ETHUSD through the 2854.0300 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, ETHUSD could test 2757.8159 within the next 13 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout.
Related Posts
A Triangle has formed, DASHUSD is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?
The movement of DASHUSD towards the support line of a Triangle is yet another test of the line…
ADAUSD likely to test 0.9739 in the near future. Where to next?
ADAUSD is moving towards a key support level at 0.9739. This is a previously tested level for ADAUSD.…
BTCUSD formed a Channel Up on the 30 Minutes chart. Retest of support in sight.
A Channel Up pattern was identified on BTCUSD at 105928.94, creating an expectation that it may move to…