BOME/USDT – 30M – SELLThe combination jumps from the bullish trendline down.
A descending movement down to the next support line at 0.008729000 will persist.
Caution: A possible counter-trend in the direction of resistance at 0.009055000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend will persist. Current target is 0.008897248 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of support at 0.009055000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.009497000 |
| 2nd High | 0.009188000 |
| Next High | 0.009055000 |
| Current Price | 0.009004000 |
| Next Low | 0.008729000 |
| 2nd Low | 0.007956000 |
| 3rd Low | 0.007900000 |