The price bounced from 0.0164 resistance level. At least in short term we have a bearish trend. We have to watch closely for price action in this zone, because this zone can be a starting point for a new upward movement. We have to wait for a reversal signal confirmed by RSI. Pending orders should be placed at ~0.0116-0.0130 levels with stop orders at ~0.0107 level.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.