The currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the ascending trendline down.
A bearish movement downwards to the next support at 0.001996000 will continue.
Caution: A possible trend reversal in the direction of resistance at 0.002174000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Three Black Crows’ candle chart pattern is detected. The chart forms ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002266000 |
| 2nd High | 0.002200000 |
| Next High | 0.002174000 |
| Current Price | 0.002030000 |
| Next Low | 0.001996000 |
| 2nd Low | 0.001979000 |
| 3rd Low | 0.001964000 |
0.002174000 – 0.002200000 – 0.002177000 – 0.002067000 – 0.002095000 – 0.001996000 — 30.749804038321 – 28.165231627809
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – Double top chart pattern – –