BOME/USDT – 1H – SELLThe pair jumps from the ascending trendline downwards
A descending movement downwards to the next support at 0.005957000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.006948000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 0.0064525 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 0.006948000 is also possible.
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 | 0.006675000 |
| Next Low | 0.005957000 |
| 2nd Low | 0.005677000 |
| 3rd Low | 0.005591000 |