Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 0.0068095 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support zone at 0.007099000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Two Crows’ candlestick chart pattern is existing. The chart forms ‘Two Crows’. which 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 | 0.008454000 |
2nd High | 0.008282000 |
Next High | 0.007099000 |
Current Price | 0.006950000 |
Next Low | 0.006768000 |
2nd Low | 0.006520000 |
3rd Low | 0.006178000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Two Crows