The combination goes from the descending trendline downwards
A continuation of the bearish trend downwards to the next support at 0.040520000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance zone at 0.041310000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.042740000 |
2nd High | 0.041810000 |
Next High | 0.041310000 |
Current Price | 0.040840000 |
Next Low | 0.040520000 |
2nd Low | 0.040440000 |
3rd Low | 0.040260000 |