The currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the ascending trendline down.
A bearish movement downwards to the next support line at 0.002069000 is considered certain.
Caution: A possible trend reversal in the direction of resistance at 0.002220000 is also possible.
Consider stop-loss settings accordingly.
And also a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.
Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.002153684 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support zone at 0.002220000 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002593000 |
| 2nd High | 0.002358000 |
| Next High | 0.002220000 |
| Current Price | 0.002191000 |
| Next Low | 0.002069000 |
| 2nd Low | 0.002049000 |
| 3rd Low | 0.001982000 |
0.002220000 – 0.002106000 – 0.002117000 – 0.002069000 – 0.002049000 – 0.001982000 — 58.318422999764 – 54.368175686403