The pair BOOK OF MEME/Tether (BOME/USDT) goes from the bullish trendline down.
A bearish trend down to the next support at 0.006163000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.006549000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Two Crows’ candlestick pattern is found. The candles form ‘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 probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.006881000 |
2nd High | 0.006750000 |
Next High | 0.006549000 |
Current Price | 0.006338000 |
Next Low | 0.006163000 |
2nd Low | 0.006121000 |
3rd Low | 0.006049000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Two Crows