BOME/USDT – 1H – BUYThe currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline upwards
An ascent up to the next resistance at 0.011100000 is certain.
Caution: A possible counter-trend in the direction of the support zone at 0.009380000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.011583976 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.011100000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.012595000 |
| 2nd High | 0.011250000 |
| Next High | 0.011100000 |
| Current Price | 0.010972000 |
| Next Low | 0.009380000 |
| 2nd Low | 0.009209000 |
| 3rd Low | 0.008714000 |