BOME/USDT – 1H – SELLThe pair BOOK OF MEME/Tether (BOME/USDT) moves from the bullish trendline downwards
A descent downwards to the next support level at 0.001779000 will continue.
Caution: A possible trend reversal in the direction of the resistance line at 0.002289000 is within the realm of possibility.
Consider stop-loss settings accordingly.
There is also a ‘Matching Low’ candlestick pattern is existing. The chart forms ‘Matching Low’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002593000 |
| 2nd High | 0.002358000 |
| Next High | 0.002289000 |
| Current Price | 0.002124000 |
| Next Low | 0.001779000 |
| 2nd Low | 0.001650000 |
| 3rd Low | 0.001514000 |
0.002031000 – 0.002034000 – 0.001786000 – 0.001779000 – 0.001792000 – 0.001884000 — 56.089249833256 – 55.92075871659
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Matching Low – Triple bottom chart pattern – –