BOME/USDT – 1H – BUYThe combination moves from the bullish trendline down.
A bearish trend downwards to the next support at 0.008714000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.010280000 could happen.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Current target is 0.00991 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.010280000 could happen.
Consider stop-loss settings accordingly.
Next a ‘Three White Soldiers’ candle chart pattern is detected. The chart shows ‘Three White Soldiers’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.011350000 |
| Next High | 0.010280000 |
| Current Price | 0.010079000 |
| Next Low | 0.008714000 |
| 2nd Low | 0.008311000 |
| 3rd Low | 0.006731000 |