BOME/USDT – 30M – SELLThe currency pair goes from the bullish trendline down.
A descent down to the next support level at 0.006516000 is likely expected.
Caution: A possible change in the direction of resistance at 0.006948000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.0065305 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 0.006948000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.008015000 |
| 2nd High | 0.007564000 |
| Next High | 0.006948000 |
| Current Price | 0.006643000 |
| Next Low | 0.006516000 |
| 2nd Low | 0.006390000 |
| 3rd Low | 0.006113000 |