BOME/USDT – 1H – SELLThe pair jumps from the bullish trendline downwards
A bearish descent down to the next support line at 0.007956000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.010280000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.00846168 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.010280000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.011350000 |
| Next High | 0.010280000 |
| Current Price | 0.008844000 |
| Next Low | 0.007956000 |
| 2nd Low | 0.007900000 |
| 3rd Low | 0.005957000 |