The price of ETHUSD in heading in the direction of 2981.2429. Despite the recent breakout through 3106.0400 it is possible that it will struggle to gain momentum to the forecast price and move back in the other direction. This has happened many times in the past so watch for a possible bounce back.
Supported by Downward sloping Moving Average
Target: 2981.2429 Entry: 3077.96 Stop: 3257.8469
Emerging Rising Wedge pattern in its final wave was identified on the USDCHF 30 Minutes chart. After a strong bullish run, we find USDCHF heading towards the upper triangle line
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
ETHUSD is heading towards a line of 2409.6001. If this movement continues, the price of ETHUSD could test 2409.6001 within the next 2 days. But don’t be so quick to