This trade steup on ETHUSD is formed by a period of consolidation; a period in which the price primarily moves sideways before choosing a new direction for the longer term. Because of the bearish breakout through support, it seems to suggest that we could see the next price move to 2191.6273.
Related Posts
Could a large bullish move on BTCAUD be a sign of things to come?
BTCAUD hits 144732.89 after a 40.58% move spanning 18 days.
DASHEUR – breach of a trending resistance line that has been tested at least twice before.
The last 5 30 Minutes candles on DASHEUR formed a Triangle pattern and broken out through the pattern…
Supports and resistances are primary concepts of technical analysis. ADAUSD is heading for an important price of 0.7285 – read about what this could mean for the future.
ADAUSD is en route to a very important line that will be a definite deciding factor of what…