The combination BOOK OF MEME/Tether (BOME/USDT) moves from the descending trendline down.
A continuation of the downtrend downwards to the next support line at 0.00052 is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.00062 should always be considered.
Consider stop-loss settings accordingly.
Furthermore a ‘Three Black Crows’ candlestick chart pattern is existing. The chart shows ‘Three Black Crows’. which is a bearish chart scenario. The 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 | 0.00088 |
| 2nd High | 0.00076 |
| Next High | 0.00062 |
| Current Price | 0.000463000 |
| Next Low | 0.00052 |
| 2nd Low | 0.00037 |
| 3rd Low |
0.00062 – 0.00076 – 0.00072 – 0.00056 – 0.00056 – 0.00057 —
0.000542000 – 0.000541000 —
37.4049802689 – 36.490408883095 —
– —
0.00062 – 1769601600
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – – –