BOME/USDT – 4H – BUYThe currency pair jumps from the ascending trendline up.
A continuation of the upward movement up to the next resistance at 0.006635000 will persist.
Caution: A possible counter-trend in the direction of the support line at 0.005790000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 0.0069795 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.006635000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.008498000 |
| 2nd High | 0.006741000 |
| Next High | 0.006635000 |
| Current Price | 0.006435000 |
| Next Low | 0.005790000 |
| 2nd Low | 0.005461000 |
| 3rd Low | 0.005202000 |