Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 7.9375E-5 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.000087350 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000095860 |
2nd High | 0.000095160 |
Next High | 0.000087350 |
Current Price | 0.000083290 |
Next Low | 0.000080840 |
2nd Low | 0.000073320 |
3rd Low | 0.000071400 |