BOME/USDT – 30M – SELLThe pair BOOK OF MEME/Tether (BOME/USDT) goes from the descending trendline down.
A continuation of the downtrend down to the next support level at 0.001767000 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.001955000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 0.001813 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.001955000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002794000 |
| 2nd High | 0.002400000 |
| Next High | 0.001955000 |
| Current Price | 0.001851000 |
| Next Low | 0.001767000 |
| 2nd Low | 0.001719000 |
| 3rd Low | 0.001671000 |
0.001955000 – 0.001847000 – 0.001871000 – 0.001767000 – 0.001798000 – 0.001719000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Three Outside Down