BOME/USDT – 30M – SELLThe currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the descending trendline downwards
A continuation of the downward movement down to the next support level at 0.001768000 will continue.
Caution: A possible counter-trend in the direction of resistance at 0.001848000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Matching Low’ chart pattern is found. The candles show ‘Matching Low’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001978000 |
| 2nd High | 0.001971000 |
| Next High | 0.001848000 |
| Current Price | 0.001830000 |
| Next Low | 0.001768000 |
| 2nd Low | 0.001682000 |
| 3rd Low | 0.001651000 |
0.001848000 – 0.001815000 – 0.001824000 – 0.001768000 – 0.001682000 – 0.001651000 — 56.984430444568 – 56.344045529373
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Matching Low – – –