BOME/USDT – 1H – SELLThe currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the descending trendline downwards
A continuation of the downward movement downwards to the next support at 0.001704000 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 0.001978000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Southern Doji’ candle chart pattern is found. The candles form ‘Southern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002289000 |
| 2nd High | 0.002092000 |
| Next High | 0.001978000 |
| Current Price | 0.001750000 |
| Next Low | 0.001704000 |
| 2nd Low | 0.001694000 |
| 3rd Low | 0.001514000 |
0.001978000 – 0.002092000 – 0.002289000 – 0.001801000 – 0.001900000 – 0.001947000 — 39.303408202297 – 38.998852758941
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Southern Doji – –