The combination breaks through the descending trendline up.
A bullish movement up to the next resistance level at 0.008273000 is expected.
Caution: A possible counter-trend in the direction of the support line at 0.007700000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.008904000 |
2nd High | 0.008871000 |
Next High | 0.008273000 |
Current Price | 0.008033000 |
Next Low | 0.007700000 |
2nd Low | 0.007451000 |
3rd Low | 0.007025000 |