The combination goes from the ascending trendline down.
A bearish movement downwards to the next support level at 0.000085140 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 0.000096900 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 8.9265E-5 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 0.000096900 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 0.000096900 |
Current Price | 0.000092670 |
Next Low | 0.000085140 |
2nd Low | 0.000081630 |
3rd Low | 0.000078380 |