BOME/USDT – 30M – SELLThe combination jumps from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support line at 0.005790000 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.006039000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.005945524 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 0.006039000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.006392000 |
| 2nd High | 0.006137000 |
| Next High | 0.006039000 |
| Current Price | 0.005992000 |
| Next Low | 0.005790000 |
| 2nd Low | 0.005686000 |
| 3rd Low | 0.005591000 |