BOME/USDT – 30M – SELLThe pair moves from the ascending trendline down.
A bearish descent down to the next support level at 0.007500000 is expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.008059000 should always be considered.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.0075 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 0.008059000 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.008386000 |
| 2nd High | 0.008302000 |
| Next High | 0.008059000 |
| Current Price | 0.007585000 |
| Next Low | 0.007500000 |
| 2nd Low | 0.007344000 |
| 3rd Low | 0.006714000 |