BOME/USDT – 30M – SELLThe pair moves from the bullish trendline downwards
A bearish trend downwards to the next support at 0.008954000 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 0.010452000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.007934044 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.010452000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.011350000 |
| Next High | 0.010452000 |
| Current Price | 0.008973000 |
| Next Low | 0.008954000 |
| 2nd Low | 0.007451000 |
| 3rd Low | 0.007025000 |