The currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the descending trendline downwards
A continuation of the downtrend down to the next support level at 0.002095000 is certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.002200000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 0.0020895 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.002200000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002339000 |
| 2nd High | 0.002266000 |
| Next High | 0.002200000 |
| Current Price | 0.002140000 |
| Next Low | 0.002095000 |
| 2nd Low | 0.001996000 |
| 3rd Low | 0.001979000 |
0.002200000 – 0.002177000 – 0.002089000 – 0.002095000 – 0.001996000 – 0.002000000 — 46.355112600526 – 44.549502075511