Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.0024358432 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.002436400 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.002567500 |
2nd High | 0.002504300 |
Next High | 0.002436400 |
Current Price | 0.002403300 |
Next Low | 0.002386000 |
2nd Low | 0.002307000 |
3rd Low | 0.002250700 |