BOME/USDT – 1H – BUYThe combination jumps from the bullish trendline downwards
A descending movement downwards to the next support level at 0.008714000 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 0.010280000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.00991 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.010280000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Three White Soldiers’ chart pattern is detected. The candles show ‘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 |