The combination goes from the bullish trendline down.
A bearish trend downwards to the next support at 0.008343000 will continue.
Caution: A possible counter-trend in the direction of the resistance level at 0.009842000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.008743822 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of support at 0.009842000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.010452000 |
2nd High | 0.010216000 |
Next High | 0.009842000 |
Current Price | 0.009212000 |
Next Low | 0.008343000 |
2nd Low | 0.007451000 |
3rd Low | 0.007025000 |