Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.0066385 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support zone at 0.007099000 should always be considered.
Consider stop-loss settings accordingly.
There is also a ‘Matching Low’ chart pattern is discovered. The chart forms ‘Matching Low’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.008454000 |
2nd High | 0.008282000 |
Next High | 0.007099000 |
Current Price | 0.006828000 |
Next Low | 0.006715000 |
2nd Low | 0.006520000 |
3rd Low | 0.006178000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Matching Low