The combination BOOK OF MEME/Tether (BOME/USDT) moves from the descending trendline downwards
A continuation of the bearish trend downwards to the next support at 0.00075 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 0.00099 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘RSI fall below 30’ indicator signal is discovered. The indicator is ‘RSI fall below 30’. which is often a bearish chart scenario. The currency pair is likely to fall.
Besides a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which could be a negative chart signal. The currency pair is likely to fall.
Besides a ‘Three Black Crows’ candlestick pattern is discovered. The candles show ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00103 |
| 2nd High | 0.001 |
| Next High | 0.00099 |
| Current Price | 0.000691000 |
| Next Low | 0.00075 |
| 2nd Low | 0.00037 |
| 3rd Low |
0.00099 – 0.001 – 0.00103 – 0.00075 – 0.00079 – 0.00077 — 37.662093834913 – 29.797212111969 — 41.493438803041 – 25.958118714741 – 62.251517396707 – 43.65188864361
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – Triple top chart pattern – –