The combination jumps from the ascending trendline downwards
A bearish trend downwards to the next support level at 0.000085180 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000090000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 8.463E-5 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.000090000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000095160 |
2nd High | 0.000091350 |
Next High | 0.000090000 |
Current Price | 0.000085560 |
Next Low | 0.000085180 |
2nd Low | 0.000084630 |
3rd Low | 0.000081630 |