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.
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.
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