BOME/USDT – 1H – SELL

The pair BOOK OF MEME/Tether (BOME/USDT) jumps from the descending trendline downwards

A continuation of the bearish trend downwards to the next support at 0.002243000 will continue.

Caution: A possible counter-trend in the direction of the resistance line at 0.002490000 should be noted.
Consider stop-loss settings accordingly.

And also a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair is likely to fall.

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.002284 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 0.002490000 should be noted.
Consider stop-loss settings accordingly.

0.002410000 – 0.002369000 – 0.002490000 – 0.002243000 – 0.002096000 – 0.002201000

Trading Signals: FOREX – BOME – BOME/USDT – USDT – – Rising Wedge Chart Pattern