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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 […]
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.
