BOME/USDT – 4H – SELLThe currency pair moves from the bullish trendline down.
A descending movement down to the next support level at 0.005957000 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.009473000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is considered certain. Current target is 0.0079 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support line at 0.009473000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.011350000 |
| 2nd High | 0.010280000 |
| Next High | 0.009473000 |
| Current Price | 0.007610000 |
| Next Low | 0.005957000 |
| 2nd Low | 0.005677000 |
| 3rd Low | 0.005461000 |