The combination BOOK OF MEME/Tether (BOME/USDT) moves from the descending trendline down.
A continuation of the downward movement down to the next support line at 0.007805000 is considered certain.
Caution: A possible counter-trend in the direction of resistance at 0.008282000 should always be considered.
Consider stop-loss settings accordingly.
Then a ‘Three Black Crows’ candlestick pattern is discovered. The candles show ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.008984000 |
2nd High | 0.008454000 |
Next High | 0.008282000 |
Current Price | 0.006311000 |
Next Low | 0.007805000 |
2nd Low | 0.007379000 |
3rd Low | 0.006731000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows