BOME/USDT – 1H – BUYThe pair BOOK OF MEME/Tether (BOME/USDT) breaks through the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 0.00075 is expected.
Caution: A possible trend reversal in the direction of the support line at 0.00067 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The currency pair could go up.
Furthermore a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 0.00078044 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.00075 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00085 |
| 2nd High | 0.00083 |
| Next High | 0.00075 |
| Current Price | 0.000745000 |
| Next Low | 0.00067 |
| 2nd Low | 0.00065 |
| 3rd Low | 0.00062 |
0.00075 – 0.00071 – 0.0007 – 0.00067 – 0.00065 – 0.00062 — 55.046984252807 – 60.084558762903 — 67.985536632153 – 76.401201007869 – 62.266052531421 – 69.737820755884