Additionally a ‘Double bottom retreat down’ chart pattern is detected. The chart picture shows ‘Double bottom retreat down’. which is a bearish signal. The currency pair is likely to fall.
The pair BOOK OF MEME/Tether (BOME/USDT) jumps from the ascending trendline down.
A descending movement downwards to the next support at 0.00074 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 0.00083 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00092 |
| 2nd High | 0.00085 |
| Next High | 0.00083 |
| Current Price | 0.000766000 |
| Next Low | 0.00074 |
| 2nd Low | 0.00071 |
| 3rd Low | 0.00067 |
0.00077 – 0.00076 – 0.00075 – 0.00074 – 0.00071 – 0.00071 — 67.69890253959 – 56.487996515434 — 98.03233256351 – 78.731331793687 – 99.344110854503 – 92.254554785733
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – – Double bottom retreat down – –