Sell BOME/USDT – 30M – SELL

The pair goes from the bullish trendline down.

A bearish trend downwards to the next support line at 0.008539000 is expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.008871000 could occur.
Consider stop-loss settings accordingly.

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 0.008280638 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.008871000 could occur.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High 0.009180000
2nd High 0.008904000
Next High 0.008871000
Current Price 0.008620000
Next Low 0.008539000
2nd Low 0.007956000
3rd Low 0.007900000

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