ETHUSD was identified at around 3454.13 having recently rebounded of the support on the 1 hour data interval. Ultimately, the price action of the stock has formed a Rising Wedge pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the 3554.7074 level.
Supported by Upward sloping Moving Average
Target: 3554.7074 Entry: 3454.13 Stop: 3383.7
Emerging Falling Wedge detected on LTCUSD – the pattern is an emerging one and has not yet broken through resistance, but the price is expected to move up over the
The movement of EURUSD towards the support line of a Falling Wedge is yet another test of the line it reached numerous times in the past. This line test could
The price of ASX 225 in heading back to the support area. It is possible that it will struggle to break through it and move back in the other direction.