The pair BOOK OF MEME/Tether (BOME/USDT) moves from the bullish trendline down.
A bearish trend down to the next support at 0.006786000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.008282000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Two Crows’ chart pattern is discovered. The chart shows ‘Two 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 ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.008984000 |
2nd High | 0.008454000 |
Next High | 0.008282000 |
Current Price | 0.007016000 |
Next Low | 0.006786000 |
2nd Low | 0.006715000 |
3rd Low | 0.006520000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Two Crows