The pair BOOK OF MEME/Tether (BOME/USDT) jumps from the bearish trendline downwards
A continuation of the downward movement down to the next support level at 0.00064 is expected.
Caution: A possible counter-trend in the direction of resistance at 0.00069 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘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 – – –