Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend will continue. Current target is 0.04006 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.040060000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.041810000 |
2nd High | 0.041500000 |
Next High | 0.040060000 |
Current Price | 0.039760000 |
Next Low | 0.038400000 |
2nd Low | 0.038330000 |
3rd Low |