The combination BOOK OF MEME/Tether (BOME/USDT) goes from the bearish trendline downwards
A continuation of the downtrend down to the next support level at 0.00052 will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.00057 should always be considered.
Consider stop-loss settings accordingly.
Moreover a ‘Three Black Crows’ candle pattern is existing. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance 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 | 0.000453000 |
| Next Low | 0.00052 |
| 2nd Low | 0.00037 |
| 3rd Low |
0.00057 – 0.00056 – 0.00062 – 0.00052 – 0.00052 – 0.00056 —
0.000537000 – 0.000497000 —
36.613384223282 – 18.730055498437 —
– —
0.00057 – 1769799600
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – – –