BOME/USDT – 1H – BUYThe combination goes from the ascending trendline downwards
A descent downwards to the next support at 0.008714000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.010280000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.00991 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.010280000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Three White Soldiers’ candle chart pattern is discovered. The candles form ‘Three White Soldiers’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.011350000 |
| Next High | 0.010280000 |
| Current Price | 0.010079000 |
| Next Low | 0.008714000 |
| 2nd Low | 0.008311000 |
| 3rd Low | 0.006731000 |