The combination BOOK OF MEME/Tether (BOME/USDT) jumps from the descending trendline downwards
A continuation of the downtrend down to the next support line at 0.008535000 will continue.
Caution: A possible counter-trend in the direction of resistance at 0.008984000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Three Black Crows’ candle chart pattern is discovered. The chart forms ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.010419000 |
2nd High | 0.010076000 |
Next High | 0.008984000 |
Current Price | 0.008638000 |
Next Low | 0.008535000 |
2nd Low | 0.007911000 |
3rd Low | 0.007379000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows