The combination moves from the bullish trendline down.
The bearish trend down to the next support line at 0.000009680 is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.000010240 is within the realm of possibility.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 9.52E-6 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support zone at 0.000010240 is within the realm of possibility.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000011450 |
2nd High | 0.000010820 |
Next High | 0.000010240 |
Current Price | 0.000009790 |
Next Low | 0.000009680 |
2nd Low | 0.000008800 |
3rd Low | 0.000008330 |