The combination breaks through the descending trendline up.
An ascending movement up to the next resistance at 0.009114000 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 0.008431000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.008907956 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.009114000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.009604000 |
2nd High | 0.009384000 |
Next High | 0.009114000 |
Current Price | 0.008466000 |
Next Low | 0.008431000 |
2nd Low | 0.007451000 |
3rd Low | 0.007025000 |