Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.00920284 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of resistance at 0.011304000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 0.012595000 |
Next High | 0.011304000 |
Current Price | 0.008253000 |
Next Low | 0.008155000 |
2nd Low | 0.006731000 |
3rd Low |