BOME/USDT – 1H – SELLThe combination jumps from the bullish trendline down.
A bearish trend downwards to the next support level at 0.006516000 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.006948000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.0063125 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 0.006948000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.008015000 |
| 2nd High | 0.007564000 |
| Next High | 0.006948000 |
| Current Price | 0.006636000 |
| Next Low | 0.006516000 |
| 2nd Low | 0.006113000 |
| 3rd Low | 0.005677000 |