ETHBTC has broken through the support line which it has tested twice in the past. We have seen it retrace from this position before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 0.0209 can be expected within the next 15 hours.
Related Posts
Supports and resistances are primary concepts of technical analysis. LTCUSD is heading for an important price of 106.9400 – read about what this could mean for the future.
LTCUSD is moving towards a resistance line. Because we have seen it retrace from this level in the…
DASHUSD is approaching a support line of a Channel Down. It has touched this line numerous times in the last 10 days.
An emerging Channel Down has been detected on DASHUSD on the 4 hour chart. There is a possible…
If BTCJPY touches 1.5050E+07 it may be time to take action.
BTCJPY is moving towards a line of 1.5050E+07 which it has tested numerous times in the past. We…