BOME/USDT – 30M – SELLThe currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the bearish trendline down.
A continuation of the bearish trend down to the next support line at 0.00075 is expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.00082 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which could be a negative signal. The currency pair could go down.
Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 0.0007714 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.00082 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00084 |
| 2nd High | 0.00083 |
| Next High | 0.00082 |
| Current Price | 0.000795000 |
| Next Low | 0.00075 |
| 2nd Low | 0.00037 |
| 3rd Low |
0.00082 – 0.00083 – 0.00084 – 0.00075 – 0.00076 – 0.0008 — 62.146780387889 – 59.962175059427 — 95.459304975547 – 88.117923201129 – 96.615608197178 – 93.590329328224