BOME/USDT – 30M – SELLThe currency pair moves from the ascending trendline downwards
A bearish movement downwards to the next support level at 0.008700000 is likely expected.
Caution: A possible change in the direction of the resistance zone at 0.009614000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.008736038 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support line at 0.009614000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.010216000 |
| 2nd High | 0.009842000 |
| Next High | 0.009614000 |
| Current Price | 0.008845000 |
| Next Low | 0.008700000 |
| 2nd Low | 0.008584000 |
| 3rd Low | 0.008497000 |