BOME/USDT – 4H – SELLThe currency pair jumps from the bullish trendline downwards
A bearish trend downwards to the next support line at 0.005677000 is considered certain.
Caution: A possible change in the direction of the resistance zone at 0.006948000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 0.005677 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 0.006948000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.008498000 |
| 2nd High | 0.008386000 |
| Next High | 0.006948000 |
| Current Price | 0.006043000 |
| Next Low | 0.005677000 |
| 2nd Low | 0.005461000 |
| 3rd Low | 0.005202000 |