ETHCAD has broken through the support line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 2086.1771 may materialize within the next 3 days.
Related Posts
If you’re short BTCJPY you should be aware of the rapidly approaching level of 1.5144E+07
BTCJPY is about to retest a key horizontal resistance level near 1.5144E+07. It has tested this level 5…
Could a large bearish move on BTCUSD be a sign of things to come?
Those of you that are trend followers are probably eagerly watching BTCUSD to see if its latest 3.86%…
Breach of 2274.7000 could mean a start of a bearish trend on ETHEUR
The price of ETHEUR in heading in the direction of 2248.1011. Despite the recent breakout through 2274.7000 it…