The combination goes from the bullish trendline down.
A bearish movement downwards to the next support level at 0.006242000 is expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.008498000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Current target is 0.00738 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.008498000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 0.008498000 |
Current Price | 0.007482000 |
Next Low | 0.006242000 |
2nd Low | 0.005817000 |
3rd Low | 0.005790000 |