BOME/USDT – 30M – SELLThe 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 0.000773000 is certain.
Caution: A possible reversal of the trend in the direction of resistance at 0.00087 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Two Crows’ candlestick pattern is found. The chart shows ‘Two Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00092 |
| 2nd High | 0.00088 |
| Next High | 0.00087 |
| Current Price | 0.000806000 |
| Next Low | 0.000773000 |
| 2nd Low | 0.00076 |
| 3rd Low | 0.00054 |
0.00087 – 0.00084 – 0.00088 – 0.000773000 – 0.0008 – 0.00076 — 51.94545430074 – 48.6003844502 — 85.175465173707 – 90.997276346114 – 63.240514758529 – 80.387704024035
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –