Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.01887604 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of support at 0.020010000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.023470000 |
2nd High | 0.021910000 |
Next High | 0.020010000 |
Current Price | 0.019800000 |
Next Low | 0.018340000 |
2nd Low | 0.018240000 |
3rd Low | 0.018050000 |
0.019840000 – 0.020010000 – 0.019440000 – 0.018340000 – 0.018660000 – 0.018240000