BOME/USDT – 30M – SELLThe currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the ascending trendline down.
A bearish descent downwards to the next support line at 0.008724000 is expected.
Caution: A possible trend reversal in the direction of resistance at 0.010079000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.009058412 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of support at 0.010079000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.010127000 |
| 2nd High | 0.010105000 |
| Next High | 0.010079000 |
| Current Price | 0.009168000 |
| Next Low | 0.008724000 |
| 2nd Low | 0.008714000 |
| 3rd Low | 0.008311000 |