The pair BOOK OF MEME/Tether (BOME/USDT) jumps from the ascending trendline downwards
A bearish descent down to the next support line at 0.001813000 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 0.001949000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 0.0018715 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 0.001949000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001995000 |
| 2nd High | 0.001982000 |
| Next High | 0.001949000 |
| Current Price | 0.001923000 |
| Next Low | 0.001813000 |
| 2nd Low | 0.001761000 |
| 3rd Low | 0.001704000 |
0.001913000 – 0.001896000 – 0.001949000 – 0.001813000 – 0.001761000 – 0.001843000 — 63.473415684362 – 61.815188962813
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – – Double bottom chart pattern – –