The combination jumps from the bullish trendline downwards
The bearish trend downwards to the next support at 0.006174000 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 0.007564000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 0.006174 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of support at 0.007564000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.008059000 |
2nd High | 0.008015000 |
Next High | 0.007564000 |
Current Price | 0.006340000 |
Next Low | 0.006174000 |
2nd Low | 0.005817000 |
3rd Low | 0.005790000 |