The pair BOOK OF MEME/Tether (BOME/USDT) moves from the bearish trendline down.
A continuation of the downtrend downwards to the next support at 0.002003000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.002063000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Two Crows’ chart pattern is discovered. The candles show ‘Two Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002101000 |
| 2nd High | 0.002091000 |
| Next High | 0.002063000 |
| Current Price | 0.002032000 |
| Next Low | 0.002003000 |
| 2nd Low | 0.001949000 |
| 3rd Low | 0.001926000 |
0.002063000 – 0.002091000 – 0.002101000 – 0.002003000 – 0.002016000 – 0.001949000 — 50.496591515911 – 45.721086791491
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Two Crows – – –