BOME/USDT – 30M – SELLThe combination moves from the ascending trendline downwards
A descent downwards to the next support at 0.006774000 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 0.007300000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 0.0065985 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.007300000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.007654000 |
| 2nd High | 0.007380000 |
| Next High | 0.007300000 |
| Current Price | 0.006922000 |
| Next Low | 0.006774000 |
| 2nd Low | 0.005817000 |
| 3rd Low | 0.005790000 |