The combination jumps from the bullish trendline downwards
A descent down to the next support line at 0.002310300 is certain.
Caution: A possible reversal of the trend in the direction of resistance at 0.002691600 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.00257773 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.002691600 could be enabled.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 0.002691600 |
Current Price | 0.002517900 |
Next Low | 0.002310300 |
2nd Low | 0.002209100 |
3rd Low | 0.002136100 |