BOME/USDT – 1H – SELLThe pair BOOK OF MEME/Tether (BOME/USDT) goes from the bearish trendline down.
A continuation of the downward movement downwards to the next support level at 0.00076 is likely expected.
Caution: A possible change in the direction of resistance at 0.00082 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘%K crosses below %D’ indicator layout is detected. The indicator shows ‘%K crosses below %D’. which could be a negative chart scenario. The currency pair could go down.
Besides a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bearish chart signal. The currency pair could go down.
Besides a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘Northern Doji’. which 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 ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00092 |
| 2nd High | 0.00085 |
| Next High | 0.00082 |
| Current Price | 0.000786000 |
| Next Low | 0.00076 |
| 2nd Low | 0.00037 |
| 3rd Low |
0.00082 – 0.00085 – 0.00092 – 0.00076 – 0.0008 – 0.00079 — 58.945309835381 – 51.750848544897 — 100 – 90.502763815781 – 86.048605294926 – 93.096808562875
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –