The combination moves from the bullish trendline downwards
A bearish movement downwards to the next support level at 0.002292600 will continue.
Caution: A possible counter-trend in the direction of the resistance line at 0.002323000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.0022576248 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of support at 0.002323000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.002411800 |
2nd High | 0.002328800 |
Next High | 0.002323000 |
Current Price | 0.002296500 |
Next Low | 0.002292600 |
2nd Low | 0.002269500 |
3rd Low | 0.002210000 |