BOME/USDT – 1H – BUYThe currency pair breaks through the bearish trendline upwards
An ascending movement up to the next resistance line at 0.006449000 will persist.
Caution: A possible counter-trend in the direction of the support level at 0.005929000 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.00645417 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of resistance at 0.006449000 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.006741000 |
| 2nd High | 0.006635000 |
| Next High | 0.006449000 |
| Current Price | 0.006435000 |
| Next Low | 0.005929000 |
| 2nd Low | 0.005790000 |
| 3rd Low | 0.005686000 |