BOME/USDT – 1H – BUYThe pair breaks through the descending trendline upwards
A bullish ascent upwards to the next resistance level at 0.009614000 is expected.
Caution: A possible trend reversal in the direction of support at 0.008497000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Current target is 0.0092795 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 0.009614000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.010216000 |
| 2nd High | 0.009842000 |
| Next High | 0.009614000 |
| Current Price | 0.009212000 |
| Next Low | 0.008497000 |
| 2nd Low | 0.008343000 |
| 3rd Low | 0.005957000 |