Midterm forecast: - While the price is below the resistance 0.70300, beginning of downtrend is expected.
- We make sure when the support at 0.66050 breaks.
- If the resistance at 0.70300 is broken, the short-term forecast -beginning of downtrend- will be invalid.
Technical analysis: - The Rising Wedge taking shape and as a bearish pattern suggests we will soon see another leg lower if price breaks and closes below uptrend.
- A peak is formed in daily chart at 0.6982 on 05/07/2020, so more losses to support(s) 0.6800, 0.6725, 0.6670 and minimum to Major Support (0.6605) is expected.
- Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
- Relative strength index (RSI) is 48.
Supports and Resistances: - 0.7960
- Resistance on 09/14/2017
- Resistance on 04/29/2015
- Resistance on 04/28/2015
- Support on 04/28/2014
- Support on 04/17/2014
- Support on 04/14/2014
- Support on 04/11/2014
- Support on 03/27/2014
- Support on 03/04/2014
- Support on 02/27/2014
- Support on 02/24/2014
- Support on 02/21/2014
- 0.7635
- Resistance on 10/28/2019
- Peak on 10/28/2019
- Resistance on 04/23/2019
- Resistance on 02/05/2019
- Resistance on 11/16/2018
- Resistance on 11/15/2018
- Resistance on 11/14/2018
- Resistance on 11/13/2018
- Resistance on 11/12/2018
- Support on 11/08/2018
- Support on 11/06/2018
- Resistance on 10/29/2018
- Resistance on 10/26/2018
- Resistance on 10/19/2018
- Support on 10/08/2018
- Resistance on 08/15/2018
- Resistance on 08/09/2018
- Resistance on 08/08/2018
- Resistance on 08/01/2018
- Resistance on 07/27/2018
- Resistance on 07/13/2018
- Resistance on 06/14/2018
- Resistance on 06/06/2018
- Resistance on 06/05/2018
- Support on 05/28/2018
- Support on 04/26/2018
- Support on 04/20/2018
- Support on 04/18/2018
- Support on 01/24/2018
- Support on 12/20/2017
- Support on 12/19/2017
- Trough on 12/19/2017
- Support on 08/28/2017
- Resistance on 08/15/2017
- Resistance on 08/14/2017
- 0.7440
- Resistance on 01/22/2020
- Resistance on 01/14/2020
- Support on 01/10/2020
- Support on 01/09/2020
- Support on 01/08/2020
- Support on 01/02/2020
- Support on 12/27/2019
- Support on 12/26/2019
- Support on 12/24/2019
- Support on 12/20/2019
- Support on 12/19/2019
- Support on 12/18/2019
- Support on 12/17/2019
- Support on 12/13/2019
- Support on 12/12/2019
- Support on 11/21/2019
- Support on 11/20/2019
- Support on 11/14/2019
- Support on 10/10/2019
- Support on 10/09/2019
- Support on 10/08/2019
- Support on 09/23/2019
- Resistance on 09/03/2019
- Resistance on 09/02/2019
- Resistance on 08/30/2019
- Resistance on 06/21/2019
- Support on 06/18/2019
- Support on 06/17/2019
- Support on 06/14/2019
- Support on 05/30/2019
- Support on 05/29/2019
- Support on 05/27/2019
- Support on 05/24/2019
- Support on 05/23/2019
- Support on 04/01/2019
- Resistance on 03/28/2019
- Resistance on 03/27/2019
- Resistance on 03/26/2019
- Resistance on 03/22/2019
- Support on 01/24/2019
- Support on 01/23/2019
- Resistance on 01/11/2019
- Resistance on 01/10/2019
- Resistance on 12/17/2018
- Resistance on 12/12/2018
- Resistance on 12/10/2018
- Resistance on 09/18/2018
- Resistance on 09/11/2018
- Support on 06/27/2018
- Support on 06/22/2018
- Support on 06/21/2018
- Support on 04/04/2018
- Resistance on 02/15/2018
- Support on 02/12/2018
- Support on 07/12/2017
- Resistance on 07/06/2017
- Support on 04/18/2017
- Support on 04/04/2017
- Resistance on 03/24/2017
- Support on 03/21/2017
- Support on 11/18/2016
- Resistance on 10/28/2016
- Support on 10/25/2016
- Support on 10/24/2016
- Support on 10/21/2016
- Resistance on 10/07/2016
- Resistance on 10/04/2016
- Resistance on 10/03/2016
- Resistance on 09/29/2016
- Resistance on 09/23/2016
- Resistance on 09/22/2016
- Resistance on 09/21/2016
- Resistance on 09/19/2016
- Resistance on 09/14/2016
- Support on 09/12/2016
- Support on 08/24/2016
- Support on 08/19/2016
- Resistance on 08/01/2016
- Support on 07/28/2016
- Support on 07/26/2016
- Support on 06/27/2016
- Support on 06/24/2016
- Support on 06/23/2016
- Support on 06/15/2016
- Support on 05/04/2016
- Support on 04/18/2016
- Resistance on 03/31/2016
- Resistance on 03/30/2016
- Resistance on 03/21/2016
- Support on 03/18/2016
- 0.7265
- Support on 02/04/2020
- Support on 02/03/2020
- Support on 01/31/2020
- Support on 08/13/2019
- Support on 08/07/2019
- Trough on 08/07/2019
- Resistance on 12/28/2018
- Support on 03/20/2018
- Support on 03/19/2018
- Support on 03/16/2018
- Support on 03/15/2018
- Support on 03/13/2018
- Support on 03/07/2018
- Support on 03/02/2018
- Support on 06/27/2017
- Support on 06/13/2017
- Resistance on 05/30/2017
- Resistance on 05/29/2017
- Resistance on 05/25/2017
- Resistance on 05/24/2017
- Support on 05/01/2017
- Support on 04/28/2017
- Support on 11/11/2016
- Support on 11/09/2016
- Support on 11/07/2016
- Support on 11/03/2016
- Support on 11/02/2016
- Support on 11/01/2016
- Support on 04/08/2016
- Support on 04/07/2016
- Support on 04/06/2016
- Support on 04/05/2016
- Resistance on 02/18/2016
- Resistance on 02/17/2016
- Resistance on 01/28/2016
- Resistance on 01/27/2016
- Resistance on 01/26/2016
- Resistance on 01/05/2016
- Resistance on 09/29/2015
- Support on 09/24/2015
- Support on 09/17/2015
- Support on 08/31/2015
- Support on 08/28/2015
- 0.7125
- Support on 03/04/2020
- Support on 03/03/2020
- Support on 06/09/2017
- Support on 06/08/2017
- Support on 06/07/2017
- Support on 06/02/2017
- 0.7030
- Resistance on 04/30/2020
- Peak on 04/30/2020
- Support on 02/15/2016
- Support on 01/22/2016
- Resistance on 01/14/2016
- Support on 01/07/2016
- Support on 08/26/2015
- Support on 01/26/2015
- Resistance on 01/22/2015
- Support on 01/15/2015
- 0.6950
- Resistance on 05/12/2020
- Resistance on 05/11/2020
- Support on 04/29/2020
- Resistance on 04/27/2020
- Resistance on 04/24/2020
- Resistance on 04/23/2020
- Resistance on 04/14/2020
- Resistance on 04/13/2020
- Resistance on 04/09/2020
- Resistance on 04/07/2020
- Support on 03/06/2020
- Support on 02/11/2016
- Resistance on 01/20/2016
- Resistance on 01/19/2016
- Resistance on 01/18/2016
- Support on 01/14/2016
- Support on 01/23/2015
- Support on 01/22/2015
- Support on 01/21/2015
- Support on 01/16/2015
- Support on 01/15/2015
- 0.6885
- Support on 05/14/2020
- Support on 05/07/2020
- Support on 05/06/2020
- Support on 04/27/2020
- Support on 04/24/2020
- Support on 04/17/2020
- Support on 04/13/2020
- Resistance on 04/03/2020
- Resistance on 04/02/2020
- Resistance on 03/26/2020
- Resistance on 03/25/2020
- Resistance on 03/20/2020
- Resistance on 03/16/2020
- Resistance on 03/13/2020
- Resistance on 03/12/2020
- Resistance on 03/10/2020
- Resistance on 03/09/2020
- Support on 01/21/2016
- Support on 01/15/2016
- Support on 01/22/2015
- 0.6800
- Support on 05/04/2020
- Support on 05/01/2020
- Trough on 05/01/2020
- Support on 04/21/2020
- Support on 04/02/2020
- Support on 04/01/2020
- Resistance on 03/30/2020
- Support on 03/20/2020
- Support on 03/11/2020
- Support on 01/20/2016
- Support on 01/15/2015
Click on the level to view price action history. |