The combination moves from the ascending trendline down.
The bearish trend down to the next support at 0.038880000 is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.039700000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.040050000 |
2nd High | 0.039870000 |
Next High | 0.039700000 |
Current Price | 0.038840000 |
Next Low | 0.038880000 |
2nd Low | 0.038560000 |
3rd Low | 0.038440000 |