ADAUSD has broken through a line of 0.8911 and suggests a possible movement to 0.8624 within the next 2 days. It has tested this line numerous times in the past, so one should wait for confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 6 days.
Related Posts
BTCUSD has broken through resistance of a Ascending Triangle. It has touched this line at least twice in the last 5 days.
BTCUSD has broken through the resistance line of a Ascending Triangle technical chart pattern. Because we have seen…
ETHUSD – breach of a trending resistance line that has been tested at least twice before.
ETHUSD has broken through the resistance line which it has tested twice in the past. We have seen…
BCHUSD broke through a support at 2024-10-04T12:45:00.000Z, with the price momentum continuing to move in an downward direction over the next hours, good opportunity presents itself with the price expected to reach 315.5751.
You would be well advised to confirm the breakout that has just occurred – do you believe the…