BOME/USDT – 30M – BUYThe pair jumps from the bullish trendline down.
A bearish trend downwards to the next support at 0.006714000 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.007688000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 0.007688 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.007688000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.008498000 |
| 2nd High | 0.007822000 |
| Next High | 0.007688000 |
| Current Price | 0.007446000 |
| Next Low | 0.006714000 |
| 2nd Low | 0.006704000 |
| 3rd Low | 0.006467000 |