The currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline up.
The bullish trend upwards to the next resistance level at 0.011167000 is certain.
Caution: A possible counter-trend in the direction of the support line at 0.010138000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.010617 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.011167000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.012595000 |
2nd High | 0.011250000 |
Next High | 0.011167000 |
Current Price | 0.010426000 |
Next Low | 0.010138000 |
2nd Low | 0.010067000 |
3rd Low | 0.009380000 |