The combination goes from the ascending trendline down.
The bearish trend down to the next support line at 0.348800000 is considered certain.
Caution: A possible counter-trend in the direction of resistance at 0.361300000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 0.34425 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support line at 0.361300000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.367600000 |
2nd High | 0.365000000 |
Next High | 0.361300000 |
Current Price | 0.352400000 |
Next Low | 0.348800000 |
2nd Low | 0.345000000 |
3rd Low | 0.327200000 |