The currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the descending trendline downwards
A continuation of the bearish trend down to the next support level at 0.00064 is likely expected.
Caution: A possible change in the direction of the resistance line at 0.00069 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Northern Doji’ candle chart pattern is discovered. The candles form ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00074 |
| 2nd High | 0.0007 |
| Next High | 0.00069 |
| Current Price | 0.000670000 |
| Next Low | 0.00064 |
| 2nd Low | 0.00054 |
| 3rd Low | 0.00052 |
0.00069 – 0.00069 – 0.00069 – 0.00064 – 0.00066 – 0.00067 — 44.983812192886 – 42.002650016824 — 25.972879573285 – 17.618886635114 – 45.230346346736 – 31.187238624696
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –