The currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support at 0.00065 is considered certain.
Caution: A possible trend reversal in the direction of resistance at 0.0007 is within the realm of possibility.
Consider stop-loss settings accordingly.
Besides a ‘%K crosses below %D’ indicator signal is found. The indicator shows ‘%K crosses below %D’. which could be a negative chart signal. The currency pair is likely to fall.
Besides a ‘Northern Doji’ candle chart pattern is detected. The candles show ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00079 |
| 2nd High | 0.00071 |
| Next High | 0.0007 |
| Current Price | 0.000661000 |
| Next Low | 0.00065 |
| 2nd Low | 0.00062 |
| 3rd Low | 0.00037 |
0.0007 – 0.00071 – 0.00079 – 0.00065 – 0.00062 – 0.00073 — 45.548513731956 – 39.536657683239 — 46.735815706155 – 37.154012003962 – 34.103814204041 – 39.368982641519
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –