BOME/USDT – 30M – SELLThe pair goes from the ascending trendline down.
A descending movement downwards to the next support line at 0.006275000 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 0.006592000 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 0.006275 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support zone at 0.006592000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.006948000 |
| 2nd High | 0.006696000 |
| Next High | 0.006592000 |
| Current Price | 0.006361000 |
| Next Low | 0.006275000 |
| 2nd Low | 0.006113000 |
| 3rd Low | 0.006109000 |