BOME/USDT – 30M – SELLThe currency pair moves from the bullish trendline downwards
A bearish movement downwards to the next support at 0.007025000 will continue.
Caution: A possible trend reversal in the direction of the resistance level at 0.008285000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.007121 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support line at 0.008285000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.008386000 |
| 2nd High | 0.008302000 |
| Next High | 0.008285000 |
| Current Price | 0.007588000 |
| Next Low | 0.007025000 |
| 2nd Low | 0.007004000 |
| 3rd Low | 0.005957000 |