BOME/USDT – 30M – SELLThe currency pair goes from the descending trendline down.
A continuation of the downtrend down to the next support level at 0.007325000 is likely expected.
Caution: A possible change in the direction of resistance at 0.008015000 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 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.007555572 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 0.008015000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.008302000 |
| 2nd High | 0.008059000 |
| Next High | 0.008015000 |
| Current Price | 0.007636000 |
| Next Low | 0.007325000 |
| 2nd Low | 0.006714000 |
| 3rd Low | 0.006704000 |