The pair BOOK OF MEME/Tether (BOME/USDT) moves from the bearish trendline downwards
A continuation of the downward movement downwards to the next support at 0.00052 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.00057 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Three Black Crows’ chart pattern is discovered. The candles show ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00063 |
| 2nd High | 0.00062 |
| Next High | 0.00057 |
| Current Price | 0.000482000 |
| Next Low | 0.00052 |
| 2nd Low | 0.00037 |
| 3rd Low |
0.00057 – 0.00056 – 0.00062 – 0.00052 – 0.00052 – 0.00056 —
0.000547000 – 0.000524000 —
41.842552515158 – 21.684112464683 —
– —
0.00057 – 1769799600
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – – –