BOME/USDT – 30M – SELLThe pair goes from the bullish trendline down.
A bearish trend downwards to the next support line at 0.008539000 is expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.008871000 could occur.
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 expected. Target of the current trend is 0.008280638 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.008871000 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.009180000 |
| 2nd High | 0.008904000 |
| Next High | 0.008871000 |
| Current Price | 0.008620000 |
| Next Low | 0.008539000 |
| 2nd Low | 0.007956000 |
| 3rd Low | 0.007900000 |