The pair BOOK OF MEME/Tether (BOME/USDT) moves from the ascending trendline downwards
A bearish trend down to the next support level at 0.001856000 is certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.002194000 is also possible.
Consider stop-loss settings accordingly.
Then a ‘Two Crows’ candle pattern is detected. The chart forms ‘Two Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002289000 |
| 2nd High | 0.002250000 |
| Next High | 0.002194000 |
| Current Price | 0.001903000 |
| Next Low | 0.001856000 |
| 2nd Low | 0.001813000 |
| 3rd Low | 0.001761000 |
0.001912000 – 0.001881000 – 0.001853000 – 0.001856000 – 0.001813000 – 0.001761000 — 63.934592822583 – 53.754839497086
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Two Crows – – –