The combination breaks through the ascending trendline up.
A continuation of the bullish trend up to the next resistance line at 0.007418000 will continue.
Caution: A possible trend reversal in the direction of the support zone at 0.007004000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 0.007418 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.007418000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.008015000 |
2nd High | 0.007564000 |
Next High | 0.007418000 |
Current Price | 0.007274000 |
Next Low | 0.007004000 |
2nd Low | 0.005957000 |
3rd Low | 0.005677000 |