The combination BOOK OF MEME/Tether (BOME/USDT) jumps from the bullish trendline downwards
A descending movement down to the next support line at 0.000533000 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.00057 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair could go down.
Next a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 0.00052416 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of support at 0.00057 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0006 |
| 2nd High | 0.00058 |
| Next High | 0.00057 |
| Current Price | 0.000533000 |
| Next Low | 0.000533000 |
| 2nd Low | 0.00051 |
| 3rd Low | 0.0005 |
0.00057 – 0.00053 – 0.00054 – 0.000533000 – 0.00051 – 0.00051 —
0.000537000 – 0.000540000 —
30.665242513108 – 45.917388958101 —
0.000533000 – 1777788000 —
0.00057 – 1777748400