Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will persist. Current target is 5.82E-5 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.000059780 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000063920 |
| 2nd High | 0.000062850 |
| Next High | 0.000059780 |
| Current Price | 0.000056600 |
| Next Low | 0.000055560 |
| 2nd Low | 0.000053540 |
| 3rd Low | 0.000051200 |
0.000059780 – 0.000062850 – 0.000062530 – 0.000058200 – 0.000060120 – 0.000061370