BOME/USDT – 30M – SELLThe pair BOOK OF MEME/Tether (BOME/USDT) moves from the ascending trendline down.
A bearish movement down to the next support line at 0.001545000 is likely expected.
Caution: A possible change in the direction of the resistance zone at 0.001669000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.
Furthermore a ‘Three Black Crows’ candlestick pattern is detected. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001715000 |
| 2nd High | 0.001714000 |
| Next High | 0.001669000 |
| Current Price | 0.001511000 |
| Next Low | 0.001545000 |
| 2nd Low | 0.001414000 |
| 3rd Low | 0.001370000 |
0.001669000 – 0.001714000 – 0.001690000 – 0.001545000 – 0.001583000 – 0.001414000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern