BOME/USDT – 1H – BUYThe combination breaks through the bearish trendline upwards
A bullish movement up to the next resistance at 0.006963000 will persist.
Caution: A possible trend reversal in the direction of the support line at 0.006665000 could happen.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 0.00700476 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.006963000 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.007300000 |
| 2nd High | 0.006967000 |
| Next High | 0.006963000 |
| Current Price | 0.006682000 |
| Next Low | 0.006665000 |
| 2nd Low | 0.005817000 |
| 3rd Low | 0.005790000 |