Support levels were the August and September wick highs. When BOMEUSDT (Book Of Meme) hit a major high in October, on the way down, these two levels worked as support. It took two weeks for these levels to break. Once broken, the pair is confirmed bearish.
➖ BOMEUSDT is trading below support; now turned resistance; the purple lines on the chart. Book Of Meme below resistance = crash.
You can see the targets on the chart. The next/lower support levels are marked with orange rectangles. It can go lower.
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.