BOME/USDT – 1H – SELLFurthermore a ‘Double bottom retreat down’ chart pattern is found. The formation shows ‘Double bottom retreat down’. this is a bearish chart scenario. The pair is likely to go down.
The combination BOOK OF MEME/Tether (BOME/USDT) goes from the ascending trendline down.
A bearish descent down to the next support line at 0.002078000 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 0.002794000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.002818000 |
| Next High | 0.002794000 |
| Current Price | 0.002295000 |
| Next Low | 0.002078000 |
| 2nd Low | 0.001704000 |
| 3rd Low | 0.001694000 |
0.002355000 – 0.002034000 – 0.001946000 – 0.002078000 – 0.001704000 – 0.001778000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – – Double bottom retreat down