The pair BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline up.
A bullish movement upwards to the next resistance at 0.010141000 is considered certain.
Caution: A possible reversal of the trend in the direction of support at 0.008910000 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 0.24-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.010141 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.010141000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.010713000 |
2nd High | 0.010537000 |
Next High | 0.010141000 |
Current Price | 0.009995000 |
Next Low | 0.008910000 |
2nd Low | 0.008714000 |
3rd Low | 0.008311000 |