The currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline up.
An ascending movement up to the next resistance at 0.009695000 is likely expected.
Caution: A possible trend reversal in the direction of support at 0.008913000 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.0090975 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.009695000 could be enabled.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.010079000 |
2nd High | 0.009764000 |
Next High | 0.009695000 |
Current Price | 0.009063000 |
Next Low | 0.008913000 |
2nd Low | 0.008674000 |
3rd Low | 0.008500000 |