The combination jumps from the ascending trendline downwards
A bearish descent downwards to the next support level at 0.002245400 is considered certain.
Caution: A possible trend reversal in the direction of resistance at 0.002336700 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 0.0023367 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of resistance at 0.002336700 could be enabled.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.002411800 |
2nd High | 0.002368200 |
Next High | 0.002336700 |
Current Price | 0.002319400 |
Next Low | 0.002245400 |
2nd Low | 0.002210000 |
3rd Low | 0.002136100 |