BOME/USDT – 1H – SELLThe pair goes from the ascending trendline down.
A descent downwards to the next support at 0.006113000 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.006589000 could happen.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.005948994 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 0.006589000 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.007564000 |
| 2nd High | 0.006948000 |
| Next High | 0.006589000 |
| Current Price | 0.006274000 |
| Next Low | 0.006113000 |
| 2nd Low | 0.005677000 |
| 3rd Low | 0.005591000 |