The combination goes from the bearish trendline down.
A continuation of the bearish trend down to the next support line at 0.039070000 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.041140000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.041580000 |
2nd High | 0.041500000 |
Next High | 0.041140000 |
Current Price | 0.038790000 |
Next Low | 0.039070000 |
2nd Low | 0.038100000 |
3rd Low | 0.037230000 |