You would be well advised to confirm the breakout that has just occurred – do you believe the move through resistance to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 5937.3157 but consider reducing the size of your position as the price gets […]
ETHUSD is heading towards a line of 2992.8601. If this movement continues, the price of ETHUSD could test 2992.8601 within the next 3 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.
BTCUSD rose sharply for 15 days – which is an excessively big movement for this instrument; exceeding the 98% of past price moves. Even if this move is a sign of a new trend in BTCUSD there is a chance that we will witness a correction, no matter how brief.
The movement of S&P500 towards the resistance line of a Rising Wedge is yet another test of the line it reached numerous times in the past. This line test could happen in the next 6 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to […]
Autochartist, a prominent financial market analysis provider, earned the Most Comprehensive Market Analysis Provider award in the FinanceFeeds Awards 2024.
You can read the entire case study here to learn more about the impact of the Autochartist integration with SparkMarkets.
Autochartist, a global leader in trading solutions, automated content and technical analysis, is proud to announce its latest integration offering
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