The pair BOOK OF MEME/Tether (BOME/USDT) goes from the ascending trendline down.
A bearish movement downwards to the next support level at 0.006178000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.006922000 could be enabled.
Consider stop-loss settings accordingly.
Then a ‘Three Black Crows’ candle pattern is existing. The chart forms ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.008282000 |
2nd High | 0.007202000 |
Next High | 0.006922000 |
Current Price | 0.006284000 |
Next Low | 0.006178000 |
2nd Low | 0.006008000 |
3rd Low | 0.006003000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows