The combination jumps from the bullish trendline downwards
A bearish trend downwards to the next support level at 0.000008220 is considered certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.000010020 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 9.29E-6 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 0.000010020 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000011450 |
2nd High | 0.000010320 |
Next High | 0.000010020 |
Current Price | 0.000009180 |
Next Low | 0.000008220 |
2nd Low | 0.000007950 |
3rd Low | 0.000007730 |