LTCUSD has broken through a support line of a Descending Triangle and suggests a possible movement to 55.6126 within the next 2 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 8 days.
Related Posts
Important price line being approached by DASHEUR. This price has been tested numerous times before.
DASHEUR is approaching a support line at 35.3800. If it hits the support line, it may break through…
ETHUSD heading towards a price it has tested 3 times in the recent past.
ETHUSD is heading towards 3680.4099 and could reach this point within the next 3 days. It has tested…
ETHAUD – breach of a trending support line that has been tested at least twice before.
ETHAUD has broken through a support line of a Rising Wedge and suggests a possible movement to 5149.2145…