BOME/USDT – 1H – BUYThe currency pair breaks through the descending trendline up.
An ascent up to the next resistance line at 0.007300000 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.006467000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.0073 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.007300000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.007822000 |
| 2nd High | 0.007380000 |
| Next High | 0.007300000 |
| Current Price | 0.007120000 |
| Next Low | 0.006467000 |
| 2nd Low | 0.006242000 |
| 3rd Low | 0.005817000 |