BOME/USDT – 4H – SELLThe combination jumps from the bullish trendline down.
The bearish trend down to the next support at 0.005790000 is considered certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.006635000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.005461 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support line at 0.006635000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.008498000 |
| 2nd High | 0.006741000 |
| Next High | 0.006635000 |
| Current Price | 0.006027000 |
| Next Low | 0.005790000 |
| 2nd Low | 0.005461000 |
| 3rd Low | 0.005202000 |