This trade steup on ADAUSD 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 bullish breakout through resistance, it seems to suggest that we could see the next price move to 0.6295.
Related Posts
Supports and resistances are primary concepts of technical analysis. ADAUSD is heading for an important price of 0.6633 – read about what this could mean for the future.
The movement of ADAUSD towards 0.6633 price line is yet another test of the line it reached numerous…
DASHGBP – approaching a support line that has been previously tested at least twice in the past
DASHGBP is moving towards a support line which it has tested numerous times in the past. We have…
Will BTCAUD break through the support level it tested before?
The price of BTCAUD in heading back to the support area. It is possible that it will struggle…