The combination BOOK OF MEME/Tether (BOME/USDT) jumps from the descending trendline downwards
A continuation of the bearish trend downwards to the next support level at 0.006049000 is considered certain.
Caution: A possible change in the direction of the resistance level at 0.006750000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Two Crows’ chart pattern is existing. The chart forms ‘Two Crows’. this is a bearish 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 ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.008282000 |
2nd High | 0.006881000 |
Next High | 0.006750000 |
Current Price | 0.006401000 |
Next Low | 0.006049000 |
2nd Low | 0.006003000 |
3rd Low | 0.005971000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Two Crows