Support and Resistance:
Line Studies | Fibonacci Retracement | Pivot Calculator | Moving Average | Bollinger Band |
7850 | 0% @ 8700 | 8416 | SMA 15 @ 7626 | Upper @ 8774 |
7350 | 38.2% @ 7496 | 8033 | SMA 25 @ 7738 | Middle @ 7765 |
7100 | 50% @ 7125 | 7566 | SMA 50 @ 7581 | Lower @ 6753 |
6900 | 61.8% @ 6753 | 7183 (Pivot) | - | - |
6650 | 100% @ 5550 | 6716 | - | - |
6300 | - | 6333 | - | - |
- | - | 5866 | - | - |
Recommended Actions:
- Buy @ 6900 (support line).
- Average Buy @ 6650 (support line, Fibo 61.8%, pivot support, and lower Bollinger band).
- 1st Sell Target @ 7100 (resistance line, Fibo 50%, and pivot point).
- 2nd Sell Target @ 7350 (resistance line).
- Stop loss (or simply wait) if the price goes below 6300.
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