BOME/USDT – 1H – SELLThe currency pair goes from the ascending trendline down.
A bearish movement downwards to the next support line at 0.005957000 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.008098000 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.0077 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.008098000 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.009180000 |
| 2nd High | 0.008347000 |
| Next High | 0.008098000 |
| Current Price | 0.007514000 |
| Next Low | 0.005957000 |
| 2nd Low | 0.005677000 |
| 3rd Low | 0.005591000 |