The pair jumps from the bullish trendline downwards
A bearish trend downwards to the next support level at 0.000007970 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000008510 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000009350 |
2nd High | 0.000008700 |
Next High | 0.000008510 |
Current Price | 0.000008070 |
Next Low | 0.000007970 |
2nd Low | 0.000007710 |
3rd Low | 0.000006990 |