BOME/USDT – 30M – SELLThe combination jumps from the ascending trendline downwards
The bearish trend down to the next support at 0.008343000 is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.009384000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.0089735 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 0.009384000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.010452000 |
| 2nd High | 0.009604000 |
| Next High | 0.009384000 |
| Current Price | 0.009157000 |
| Next Low | 0.008343000 |
| 2nd Low | 0.007451000 |
| 3rd Low | 0.007025000 |