BOME/USDT – 1H – BUYThe currency pair goes from the bullish trendline downwards
A descent down to the next support level at 0.005957000 will continue.
Caution: A possible trend reversal in the direction of the resistance level at 0.008015000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.007418 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.008015000 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.008302000 |
| 2nd High | 0.008059000 |
| Next High | 0.008015000 |
| Current Price | 0.007697000 |
| Next Low | 0.005957000 |
| 2nd Low | 0.005677000 |
| 3rd Low | 0.005591000 |