BOME/USDT – 4H – SELLThe pair moves from the bullish trendline downwards
A descending movement downwards to the next support line at 0.005677000 is expected.
Caution: A possible change in the direction of resistance at 0.008386000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.005677 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 0.008386000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.008498000 |
| Next High | 0.008386000 |
| Current Price | 0.006240000 |
| Next Low | 0.005677000 |
| 2nd Low | 0.005461000 |
| 3rd Low | 0.005202000 |