The combination BOOK OF MEME/Tether (BOME/USDT) moves from the bearish trendline down.
A continuation of the downward movement downwards to the next support at 0.001904000 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 0.001962000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair is likely to fall.
Additionally a ‘Three Black Crows’ candle chart pattern is existing. The candles form ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001982000 |
| 2nd High | 0.001969000 |
| Next High | 0.001962000 |
| Current Price | 0.001957000 |
| Next Low | 0.001904000 |
| 2nd Low | 0.001813000 |
| 3rd Low | 0.001761000 |
0.001962000 – 0.001969000 – 0.001913000 – 0.001904000 – 0.001813000 – 0.001761000 — 60.181901566195 – 57.772338657823
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – – –