The combination moves from the bullish trendline down.
A descent down to the next support line at 0.002448100 is certain.
Caution: A possible change in the direction of the resistance line at 0.002480500 is within the realm of possibility.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend is certain. Current target is 0.0024262672 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 0.002480500 is within the realm of possibility.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.002513200 |
2nd High | 0.002506300 |
Next High | 0.002480500 |
Current Price | 0.002474300 |
Next Low | 0.002448100 |
2nd Low | 0.002399000 |
3rd Low | 0.002307000 |