The combination BOOK OF MEME/Tether (BOME/USDT) moves from the ascending trendline downwards
A bearish movement downwards to the next support level at 0.001704000 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.002355000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Northern Doji’ candle chart pattern is discovered. The candles show ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002794000 |
| 2nd High | 0.002400000 |
| Next High | 0.002355000 |
| Current Price | 0.002381000 |
| Next Low | 0.001704000 |
| 2nd Low | 0.001694000 |
| 3rd Low | 0.001514000 |
0.002355000 – 0.002034000 – 0.001946000 – 0.001704000 – 0.001778000 – 0.001694000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Northern Doji –