BOME/USDT – 1H – SELLThe currency pair goes from the bullish trendline down.
A bearish trend down to the next support level at 0.006714000 is expected.
Caution: A possible counter-trend in the direction of resistance at 0.008015000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 0.006877666 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support zone at 0.008015000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.008302000 |
| 2nd High | 0.008059000 |
| Next High | 0.008015000 |
| Current Price | 0.007251000 |
| Next Low | 0.006714000 |
| 2nd Low | 0.006467000 |
| 3rd Low | 0.006242000 |