The combination moves from the bullish trendline downwards
A bearish trend downwards to the next support line at 0.000089350 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 0.000096220 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Current target is 8.765664E-5 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support zone at 0.000096220 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 0.000096900 |
Next High | 0.000096220 |
Current Price | 0.000090170 |
Next Low | 0.000089350 |
2nd Low | 0.000087920 |
3rd Low | 0.000085140 |