BOME/USDT – 30M – SELLThe currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the bearish trendline downwards
A continuation of the downtrend downwards to the next support level at 0.002194000 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.002551000 could occur.
Consider stop-loss settings accordingly.
In addition a ‘Northern Doji’ candle chart pattern is discovered. The candles show ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002794000 |
| 2nd High | 0.002593000 |
| Next High | 0.002551000 |
| Current Price | 0.002205000 |
| Next Low | 0.002194000 |
| 2nd Low | 0.001704000 |
| 3rd Low | 0.001703000 |
0.002551000 – 0.002370000 – 0.002461000 – 0.002194000 – 0.001704000 – 0.001773000 — 38.650630202164 – 37.226187525753
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –