The combination moves from the ascending trendline down.
A bearish trend down to the next support line at 0.002346200 will continue.
Caution: A possible change in the direction of the resistance line at 0.002393100 is also possible.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.0023514 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support zone at 0.002393100 is also possible.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.002460500 |
2nd High | 0.002411800 |
Next High | 0.002393100 |
Current Price | 0.002362500 |
Next Low | 0.002346200 |
2nd Low | 0.002321100 |
3rd Low | 0.002314600 |