Skip to content BTCUSD is moving towards a resistance line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If BTCUSD continues in its current trajectory, we could see it reach 106771.6732 within the next 3 days.
A Triangle pattern was identified for LTCUSD at 56.0, suggesting it may move toward the resistance line at 56.1450. It may break through that line and continue the bullish trend, or reverse from it.
S&P500 has broken through the support line of a Triangle technical chart pattern. Because it has retraced from this line in the past, you should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 15 days, which suggests a possible target around 6977.1544 within the […]
NAS100 is moving toward a key support level at 26623.2422. This level has been tested before for NAS100. This may present a good trading opportunity either at the spot price or after a breakout through this level.
EURUSD is moving toward a support line. Since it has retraced from this line before, we may see either a breakout through it or a rebound to current levels. It has touched this line multiple times in the past 7 days and may test it again within the next 15 hours.
An emerging Channel Down has been detected on XAGUSD. The pattern has not yet broken through resistance, but the price is expected to move up over the next few hours. At the time the pattern was found, the price was 75.785, and it is expected to move to 71.7967.
BTCUSD is moving toward a support line. Since it has retraced from this line before, we may see either a breakout through it or a rebound to current levels. It has touched this line multiple times in the past 8 days and may test it again within the next 3 days.
USDJPY was identified around 159.5515 after recently rebounding off the support on the 4 hour interval. Ultimately, the stock’s price action has formed a Rising Wedge pattern. This squeeze may increase the chances of a strong breakout. The projected move could take the price to around 160.0795.
