The currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the descending trendline downwards
A continuation of the downtrend down to the next support level at will continue.
Caution: A possible change in the direction of the resistance level at 0.00071 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The currency pair is likely to fall.
Next a ‘Collapsing Doji Star’ candlestick pattern is found. The candles form ‘Collapsing Doji Star’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Collapsing Doji Star’ going down is 63% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00079 |
| 2nd High | 0.00073 |
| Next High | 0.00071 |
| Current Price | 0.000697000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.00071 – 0.00071 – 0.00071 – 0.00069 – 0.00069 – 0.00069 — 50.318733953316 – 45.746759793526 — 39.493795680979 – 40.360786585562 – 36.044144814347 – 39.242296330528
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Collapsing Doji Star – – –