The combination breaks through the descending trendline up.
The bullish trend up to the next resistance line at 0.593400000 is expected.
Caution: A possible change in the direction of the support level at 0.562000000 is also possible.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.600300000 |
2nd High | 0.599200000 |
Next High | 0.593400000 |
Current Price | 0.586500000 |
Next Low | 0.562000000 |
2nd Low | 0.559800000 |
3rd Low | 0.555600000 |