The combination goes from the ascending trendline downwards
The bearish trend down to the next support level at 0.008962000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.010452000 could happen.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 0.00795055 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.010452000 could happen.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 0.011350000 |
Next High | 0.010452000 |
Current Price | 0.009163000 |
Next Low | 0.008962000 |
2nd Low | 0.008954000 |
3rd Low | 0.007451000 |