The combination goes from the ascending trendline down.
A bearish movement down to the next support level at 0.002332400 will continue.
Caution: A possible counter-trend in the direction of resistance at 0.002392000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 0.002392 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at 0.002392000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.002523400 |
2nd High | 0.002506300 |
Next High | 0.002392000 |
Current Price | 0.002380600 |
Next Low | 0.002332400 |
2nd Low | 0.002298100 |
3rd Low | 0.002251000 |