Furthermore a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a negative signal. The pair is likely to go down.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.00041 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of support at 0.00043 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00048 |
| 2nd High | 0.00044 |
| Next High | 0.00043 |
| Current Price | 0.000413000 |
| Next Low | 0.00039 |
| 2nd Low | 0.00038 |
| 3rd Low | 0.00037 |
0.00041 – 0.00042 – 0.00042 – 0.00039 – 0.00039 – 0.0004 —
0.000418000 – 0.000425000 —
66.698275661647 – 68.953170953781 —
– —
0.00041 – 1774242000