Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
3325 | 0% @ 3825 | 2608 | SMA 15 @ 2501 | Upper @ 2703 |
3150 | 38.2% @ 2975 | 2566 | SMA 25 @ 2551 | Middle @ 2517 |
2975 | 50% @ 2712 | 2508 | SMA 50 @ 2681 | Lower @ 2331 |
2775 | 61.8% @ 2449 | 2466 (Pivot) | - | - |
2600 | 100% @ 1600 | 2408 | - | - |
2400 | - | 2366 | - | - |
2200 | - | 2308 | - | - |
Recommended Actions:
- Buy @ 2400 (support line, Fibo 61.8%, and pivot support).
- Average Buy @ 2200 (support line).
- 1st Sell Target @ 2600 (resistance line and pivot resistance).
- 2nd Sell Target @ 2775 (resistance line, Fibo 50%, and upper Bollinger band).
- Stop loss (or simply wait) if the price goes below 2025.
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