You would be well advised to confirm the breakout that has just occurred – do you believe the move through support to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 78.6473 but consider reducing the size of your position as the price gets closer to that target.
Related Posts
After testing 1.9000E-04 numerous times, DASHBTC is once again approaching this price point. Can we expect a bullish trend to follow?
DASHBTC is heading towards a line of 1.9000E-04. If this movement continues, the price of DASHBTC could test…
A Rising Wedge has formed, BCHUSD is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
BCHUSD is moving towards a resistance line which it has tested numerous times in the past. We have…
LTCEUR is quickly approaching a very important level it has previously tested numerous times in the past
LTCEUR is moving towards a key support level at 72.9700. This is a previously tested level for LTCEUR.…