The currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the descending trendline downwards
A continuation of the bearish trend downwards to the next support level at 0.00043 is considered certain.
Caution: A possible change in the direction of the resistance line at 0.00051 could happen.
Consider stop-loss settings accordingly.
Additionally a ‘StochRSI %K falls below 0.8’ indicator layout is found. The indicator shows ‘StochRSI %K falls below 0.8’. this is usually a bearish signal. The currency pair could go down.
Additionally a ‘Three Black Crows’ candle chart pattern is existing. The chart shows ‘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 likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00062 |
| 2nd High | 0.00057 |
| Next High | 0.00051 |
| Current Price | 0.000432000 |
| Next Low | 0.00043 |
| 2nd Low | 0.00037 |
| 3rd Low |
0.00051 – 0.00051 – 0.0005 – 0.00045 – 0.00046 – 0.00047 —
0.000470000 – 0.000455000 —
42.113130579944 – 32.998134034543 —
– —
0.00051 – 1770152400
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – – –