Sell BOME/USDT – 1H – SELL

The currency pair jumps from the bullish trendline down.

A descent downwards to the next support line at 0.005957000 will continue.

Caution: A possible change in the direction of the resistance line at 0.011350000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 0.007111102 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 0.011350000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High
2nd High
Next High 0.011350000
Current Price 0.008455000
Next Low 0.005957000
2nd Low 0.005677000
3rd Low 0.005591000

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