The combination goes from the bullish trendline down.
A bearish movement down to the next support line at 0.002426000 is considered certain.
Caution: A possible change in the direction of the resistance line at 0.002621000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Current target is 0.0025237916 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance line at 0.002621000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 0.002621000 |
Current Price | 0.002429500 |
Next Low | 0.002426000 |
2nd Low | 0.002209100 |
3rd Low | 0.002136100 |