BOME/USDT – 30M – SELLThe pair goes from the ascending trendline downwards
A bearish trend down to the next support at 0.005957000 is certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.007589000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is certain. Current target is 0.007093 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of support at 0.007589000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.008347000 |
| 2nd High | 0.008098000 |
| Next High | 0.007589000 |
| Current Price | 0.006960000 |
| Next Low | 0.005957000 |
| 2nd Low | 0.005677000 |
| 3rd Low | 0.005591000 |