BOME/USDT – 1H – SELLThe currency pair moves from the bullish trendline downwards
A bearish movement downwards to the next support level at 0.005957000 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 0.011350000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.007111102 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support level at 0.011350000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.011350000 |
| Current Price | 0.008515000 |
| Next Low | 0.005957000 |
| 2nd Low | 0.005677000 |
| 3rd Low | 0.005591000 |