BCHEUR has broken through a resistance line of a Channel Down and suggests a possible movement to 198.5158 within the next 2 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 5 days.
Related Posts
Because BTCEUR formed a Triangle pattern, we expect it to touch the support line. If it breaks through support it may move much lower
BTCEUR is trapped in a Triangle formation, implying that a breakout is Imminent. This is a great trade-setup…
After trying numerous times in the past, LTCUSD finally breaks 85.3300!
LTCUSD is once again retesting a key horizontal resistance level at 85.3300. It has tested this level 5…
DASHUSD is signaling a possible trend reversal on the intraday charts with price not breaching resistance.
Emerging Triangle detected on DASHUSD – the pattern is an emerging one and has not yet broken through…