BTCUSD is moving towards a key resistance level at 97720.0234. BTCUSD has previously tested this level 3 times and on each occasion it has bounced back off this level. Is this finally the time it will break through?
BTCUSD is moving towards a key resistance level at 97720.0234. BTCUSD has previously tested this level 3 times and on each occasion it has bounced back off this level. Is this finally the time it will break through?
LTCUSD has broken through a line at 87.2900. If this breakout holds, we could see the price of LTCUSD move toward 89.7370 within the next 2 days. However, don’t be too quick to trade. It has tested this line many times in the past, so confirm the breakout before placing any trades.
FTSE100 is trapped in a Channel Up formation, implying that a breakout is imminent. This is a strong trade setup for both trend and swing traders. It is now approaching a resistance line that has been tested before. Divergence watchers may be optimistic about a potential breakout, which could mark the start of a new […]
NAS100 saw a large number of bullish candles that reached 25282.9557 over 7 days.
A Flag pattern was identified for USDJPY at 156.22, suggesting it may move toward the support line at 155.2509. It may break through that line and continue the bearish trend, or reverse from it.
ETHUSD was identified around 3037.82 after recently rebounding off the support on the 1 hour interval. Ultimately, the stock’s price action has formed a Channel Up pattern. This squeeze may increase the chances of a strong breakout. The projected move could take the price to around 3186.9528.
XAUUSD is trapped in a Rising Wedge formation, implying that a breakout is imminent. This is a strong trade setup for both trend and swing traders. It is now approaching a support line that has been tested before. Divergence watchers may be optimistic about a potential breakout, which could mark the start of a new […]
GBPJPY has broken through a resistance line. Because it has previously retraced from this price, you should wait for confirmation of the breakout before trading. It has touched this line multiple times over the past 6 days, which suggests a possible target around 206.8916 within the next 20 hours.