BOME/USDT – 30M – SELLThe currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the descending trendline downwards
A continuation of the bearish trend down to the next support line at 0.001761000 will persist.
Caution: A possible change in the direction of the resistance line at 0.001859000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Three Black Crows’ candle chart pattern is detected. The chart shows ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002018000 |
| 2nd High | 0.001977000 |
| Next High | 0.001859000 |
| Current Price | 0.001802000 |
| Next Low | 0.001761000 |
| 2nd Low | 0.001694000 |
| 3rd Low | 0.001578000 |
0.001859000 – 0.001977000 – 0.002018000 – 0.001761000 – 0.001694000 – 0.001788000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Three Black Crows –