The combination breaks through the bearish trendline up.
An ascending movement up to the next resistance level at 0.000088320 is considered certain.
Caution: A possible change in the direction of the support zone at 0.000080500 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 9.024006E-5 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance level at 0.000088320 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000099930 |
2nd High | 0.000092960 |
Next High | 0.000088320 |
Current Price | 0.000087160 |
Next Low | 0.000080500 |
2nd Low | 0.000080250 |
3rd Low | 0.000078380 |