BTCUSD has broken through the resistance line of a Triangle technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 5 days and suggests a possible target level to be around 98353.3855 within the next 2 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…