The combination moves from the ascending trendline downwards
A descent down to the next support line at 0.000009630 is expected.
Caution: A possible change in the direction of the resistance zone at 0.000010360 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 9.63E-6 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support level at 0.000010360 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000011070 |
2nd High | 0.000010940 |
Next High | 0.000010360 |
Current Price | 0.000009790 |
Next Low | 0.000009630 |
2nd Low | 0.000009370 |
3rd Low | 0.000008800 |