BTCUSD is approaching a resistance line at 119865.1563. If it hits the resistance line, it may break through this level to continue the bullish trend, or it may turn around back to current levels.
BTCUSD is approaching a resistance line at 119865.1563. If it hits the resistance line, it may break through this level to continue the bullish trend, or it may turn around back to current levels.
NGC/USD is trapped in a Rising Wedge formation, implying that a breakout is Imminent. This is a great trade-setup for both trend and swing traders. It is now approaching a support line that has been tested in the past. Divergence opportunists may be very optimistic about a possible breakout and this may be the start […]
A strong resistance level has been breached at 199.4810 on the 1 hour GBPJPY chart. Technical Analysis theory forecasts a movement to 199.9998 in the next 2 days.
BRN/USD is once again retesting a key horizontal resistance level at 69.6055. It has tested this level 7 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend.
A Channel Up pattern was identified on ETHUSD at 3504.18, creating an expectation that it may move to the resistance line at 3693.7448. It may break through that line and continue the bullish trend or it may reverse from that line.
BTCUSD is heading towards a line of 116713.6797. If this movement continues, the price of BTCUSD could test 116713.6797 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.
LTCUSD is approaching a resistance line at 98.2600. If it hits the resistance line, it may break through this level to continue the bullish trend, or it may turn around back to current levels.
The movement of USDJPY towards the resistance line of a Channel Up is yet another test of the line it reached numerous times in the past. This line test could happen in the next 3 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to […]