Additionally a ‘Double top retreat up’ chart pattern is discovered. The formation shows ‘Double top retreat up’. which is a positive pattern signal. The pair is likely to go up.
The currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the bearish trendline upwards
A bullish movement up to the next resistance at 0.002074000 is expected.
Caution: A possible reversal of the trend in the direction of the support zone at 0.001304000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002794000 |
| 2nd High | 0.002400000 |
| Next High | 0.002074000 |
| Current Price | 0.001640000 |
| Next Low | 0.001304000 |
| 2nd Low | 0.001094000 |
| 3rd Low | 0.000890000 |
0.002074000 – 0.002047000 – 0.002400000 – 0.001635000 – 0.001671000 – 0.002210000