The combination jumps from the descending trendline down.
A continuation of the bearish trend downwards to the next support level at 0.007325000 is expected.
Caution: A possible change in the direction of the resistance level at 0.008059000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.008386000 |
2nd High | 0.008302000 |
Next High | 0.008059000 |
Current Price | 0.007567000 |
Next Low | 0.007325000 |
2nd Low | 0.006714000 |
3rd Low | 0.006467000 |