The combination breaks through the descending trendline up.
A bullish movement upwards to the next resistance line at 0.000008510 is expected.
Caution: A possible counter-trend in the direction of the support line at 0.000007730 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 0.000009860 |
Next High | 0.000008510 |
Current Price | 0.000008510 |
Next Low | 0.000007730 |
2nd Low | 0.000006990 |
3rd Low | 0.000006970 |