BOME/USDT – 30M – SELLThe combination BOOK OF MEME/Tether (BOME/USDT) jumps from the bearish trendline downwards
A continuation of the downward movement down to the next support line at 0.001981000 is expected.
Caution: A possible change in the direction of the resistance zone at 0.002159000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Matching Low’ candlestick chart pattern is found. The candles form ‘Matching Low’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002339000 |
| 2nd High | 0.002266000 |
| Next High | 0.002159000 |
| Current Price | 0.001970000 |
| Next Low | 0.001981000 |
| 2nd Low | 0.001949000 |
| 3rd Low | 0.001926000 |
0.002159000 – 0.002266000 – 0.002339000 – 0.002099000 – 0.002104000 – 0.002194000 — 28.56441089614 – 28.212091902662
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Matching Low – – –