BOME/USDT – 1H – SELLThe currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the descending trendline downwards
A continuation of the bearish trend down to the next support at 0.001918000 is expected.
Caution: A possible counter-trend in the direction of resistance at 0.001964000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Northern Doji’ chart pattern is detected. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency 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 | 0.001975000 |
| 2nd High | 0.001969000 |
| Next High | 0.001964000 |
| Current Price | 0.001946000 |
| Next Low | 0.001918000 |
| 2nd Low | 0.001867000 |
| 3rd Low | 0.001834000 |
0.001964000 – 0.001969000 – 0.001975000 – 0.001918000 – 0.001867000 – 0.001834000 — 56.589561074525 – 52.538834918792
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –