BOME/USDT – 30M – SELLThe pair goes from the bullish trendline downwards
A bearish trend downwards to the next support at 0.005858000 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.006334000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.00579 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of support at 0.006334000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.006449000 |
| 2nd High | 0.006392000 |
| Next High | 0.006334000 |
| Current Price | 0.005865000 |
| Next Low | 0.005858000 |
| 2nd Low | 0.005790000 |
| 3rd Low | 0.005686000 |