The pair BOOK OF MEME/Tether (BOME/USDT) goes from the descending trendline down.
A continuation of the bearish trend down to the next support line at is considered certain.
Caution: A possible trend reversal in the direction of resistance at 0.00069 could happen.
Consider stop-loss settings accordingly.
And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The currency pair could go down.
And also a ‘%K crosses below %D’ indicator signal is detected. The indicator shows ‘%K crosses below %D’. which could be a negative chart signal. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.000665 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.00069 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00074 |
| 2nd High | 0.0007 |
| Next High | 0.00069 |
| Current Price | 0.000671000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.00069 – 0.00069 – 0.00069 – 0.00064 – 0.00066 – 0.00067 — 46.383991683637 – 42.413129272715 — 59.576043078337 – 49.81747017425 – 53.159376218514 – 58.670407569285