Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
4100 | 0% @ 4150 | 4350 | SMA 15 @ 3850 | Upper @ 4186 |
4000 | 38.2% @ 3892 | 4225 | SMA 25 @ 3792 | Middle @ 3843 |
3875 | 50% @ 3812 | 4100 | SMA 50 @ 3724 | Lower @ 3500 |
3800 | 61.8% @ 3732 | 3975 (Pivot) | - | - |
3725 | 100% @ 3475 | 3850 | - | - |
3675 | - | 3725 | - | - |
3575 | - | 3600 | - | - |
Recommended Actions:
- Buy @ 3725 (support line, Fibo 61.8%, pivot support, and SMA 50).
- Average Buy @ 3675 (support line).
- 1st Sell Target @ 3875 (resistance line, Fibo 38.2%, pivot resistance, SMA 15, and middle Bollinger band).
- 2nd Sell Target @ 4000 (resistanec line and pivot point).
- Stop loss (or simply wait) if the price goes below 2575.
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