The combination BOOK OF MEME/Tether (BOME/USDT) moves from the ascending trendline down.
A bearish descent downwards to the next support level at 0.002194000 will continue.
Caution: A possible trend reversal in the direction of the resistance line at 0.002266000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Northern Doji’ candlestick pattern is detected. The candles form ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002490000 |
| 2nd High | 0.002339000 |
| Next High | 0.002266000 |
| Current Price | 0.002137000 |
| Next Low | 0.002194000 |
| 2nd Low | 0.002052000 |
| 3rd Low | 0.001981000 |
0.002266000 – 0.002339000 – 0.002323000 – 0.002194000 – 0.002207000 – 0.002242000 — 29.472398311949 – 28.206361592795
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –