The combination moves from the descending trendline down.
A continuation of the downward movement down to the next support line at 0.000009290 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000010320 could be enabled.
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 is likely expected. Target of the current trend is 9.29E-6 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.000010320 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000011660 |
2nd High | 0.000011450 |
Next High | 0.000010320 |
Current Price | 0.000009710 |
Next Low | 0.000009290 |
2nd Low | 0.000008220 |
3rd Low | 0.000007950 |