BOME/USDT – 30M – SELLThe combination jumps from the descending trendline downwards
A continuation of the bearish trend downwards to the next support line at 0.006109000 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.006450000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.006185 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.006450000 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.006693000 |
| 2nd High | 0.006540000 |
| Next High | 0.006450000 |
| Current Price | 0.006386000 |
| Next Low | 0.006109000 |
| 2nd Low | 0.005677000 |
| 3rd Low | 0.005591000 |