Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
4150 | 0% @ 4225 | 4108 | SMA 15 @ 3941 | Upper @ 4125 |
3875 | 38.2% @ 3900 | 4016 | SMA 25 @ 3892 | Middle @ 3883 |
3725 | 50% @ 3800 | 3933 | SMA 50 @ 3778 | Lower @ 3641 |
3575 | 61.8% @ 3699 | 3841 (Pivot) | - | - |
3375 | 100% @ 2275 | 3758 | - | - |
3250 | - | 3666 | - | - |
3025 | - | 3583 | - | - |
Recommended Actions:
- Buy @ 3725 (support line, Fibo 61.8%, and pivot support).
- Average Buy @ 3575 (support line and pivot support).
- 1st Sell Target @ 4150 (resistance line and upper Bollinger band).
- 2nd Sell Target @ 4225 (Fibo 0%).
- Stop loss (or simply wait) if the price goes below 3375.
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