The currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the bullish trendline down.
The bearish trend downwards to the next support line at 0.001969000 is likely expected.
Caution: A possible reversal of the trend in the direction of resistance at 0.002082000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Northern Doji’ chart pattern is discovered. The candles form ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002551000 |
| 2nd High | 0.002490000 |
| Next High | 0.002082000 |
| Current Price | 0.001977000 |
| Next Low | 0.001969000 |
| 2nd Low | 0.001950000 |
| 3rd Low | 0.001947000 |
0.002082000 – 0.002029000 – 0.002032000 – 0.001969000 – 0.001950000 – 0.001954000 — 43.235147494629 – 41.747872222483
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Double top chart pattern – –