The combination goes from the descending trendline down.
A continuation of the bearish trend downwards to the next support line at 0.502500000 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 0.524400000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.533800000 |
2nd High | 0.530500000 |
Next High | 0.524400000 |
Current Price | 0.501700000 |
Next Low | 0.502500000 |
2nd Low | 0.486000000 |
3rd Low |