BOME/USDT – 30M – SELLThe currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the ascending trendline down.
A bearish descent down to the next support line at 0.009380000 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.010537000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.009926 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support line at 0.010537000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.011167000 |
| 2nd High | 0.010713000 |
| Next High | 0.010537000 |
| Current Price | 0.009820000 |
| Next Low | 0.009380000 |
| 2nd Low | 0.009209000 |
| 3rd Low | 0.009149000 |