XAUUSD is about to retest a key horizontal resistance level near 2927.9099. It has tested this level 5 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.
ETHUSD is heading towards 2074.2700 and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
Emerging Channel Down detected on BRN/USD – the pattern is an emerging one and has not yet broken through support, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 70.1825 and it is expected to move to 71.2242.
A Ascending Triangle pattern was identified on BTCUSD at 90465.84, creating an expectation that it may move to the resistance line at 94254.8397. It may break through that line and continue the bullish trend or it may reverse from that line.
