BOME/USDT – 30M – SELLThe combination jumps from the ascending trendline down.
A bearish movement down to the next support line at 0.007900000 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 0.008608000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 0.008166 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support zone at 0.008608000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.008832000 |
| 2nd High | 0.008713000 |
| Next High | 0.008608000 |
| Current Price | 0.008158000 |
| Next Low | 0.007900000 |
| 2nd Low | 0.007451000 |
| 3rd Low | 0.007025000 |