BOME/USDT – 30M – SELLThe pair BOOK OF MEME/Tether (BOME/USDT) moves from the ascending trendline downwards
A bearish movement down to the next support level at 0.001578000 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.001735000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Then a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.
Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend is certain. Current target is 0.001682844 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 0.001735000 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002074000 |
| 2nd High | 0.002063000 |
| Next High | 0.001735000 |
| Current Price | 0.001708000 |
| Next Low | 0.001578000 |
| 2nd Low | 0.001552000 |
| 3rd Low | 0.001528000 |
0.001735000 – 0.001620000 – 0.001608000 – 0.001578000 – 0.001552000 – 0.001528000