A strong resistance level has been breached at 116001.7031 on the 4 hour BTCUSD chart. Technical Analysis theory forecasts a movement to 117705.6406 in the next 21 hours.
Skip to content A strong resistance level has been breached at 116001.7031 on the 4 hour BTCUSD chart. Technical Analysis theory forecasts a movement to 117705.6406 in the next 21 hours.
The breakout of NAS100 through the support line of a Triangle could be a sign of the road ahead. If this breakout persists, we may see the price of NAS100 testing 25445.6219 within the next 2 days.
XAGUSD has broken through a support line of a Rising Wedge and suggests a possible movement to 47.6817 within the next 2 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement […]
BTCUSD is moving towards a support line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 4 days and may test it again within the next […]
An emerging Rising Wedge has been detected on USDJPY on the 1 hour chart. There is a possible move towards 155.0917 next few candles. Once reaching support it may continue its bullish run or reverse back to current price levels.
XAGUSD is heading towards the resistance line of a Rising Wedge. If this movement continues, the price of XAGUSD could test 49.5418 within the next 13 hours. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
You would be well advised to confirm the breakout that has just occurred – do you believe the move through resistance to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 111264.4263 but consider reducing the size of your position as the price gets […]
ETHUSD is moving towards a resistance line. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 4 days and may test it again within the next 16 hours.