The currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the descending trendline down.
A continuation of the bearish trend down to the next support level at 0.00073 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 0.00083 could be enabled.
Consider stop-loss settings accordingly.
Furthermore a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.
Furthermore a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00085 |
| 2nd High | 0.00084 |
| Next High | 0.00083 |
| Current Price | 0.000764000 |
| Next Low | 0.00073 |
| 2nd Low | 0.00072 |
| 3rd Low | 0.00037 |
0.00083 – 0.0008 – 0.00082 – 0.00073 – 0.00072 – 0.00077 — 50.48017033168 – 48.15119223007 — 75.711295257206 – 74.067522249372 – 67.57253333003 – 71.856586004726
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –