The currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the ascending trendline down.
A descent downwards to the next support at 0.006865000 is certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.007099000 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.007099 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.007099000 could be enabled.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.008454000 |
2nd High | 0.008282000 |
Next High | 0.007099000 |
Current Price | 0.006984000 |
Next Low | 0.006865000 |
2nd Low | 0.006520000 |
3rd Low | 0.006178000 |