BOME/USDT – 1H – SELLThe combination moves from the bearish trendline downwards
A continuation of the downward movement downwards to the next support line at 0.008497000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.009043000 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 0.24-Level.Continuation of the current descending trend is certain. Current target is 0.008343 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of support at 0.009043000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.010216000 |
| 2nd High | 0.009842000 |
| Next High | 0.009043000 |
| Current Price | 0.008875000 |
| Next Low | 0.008497000 |
| 2nd Low | 0.008343000 |
| 3rd Low | 0.005957000 |