The currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the bearish trendline down.
A continuation of the downward movement down to the next support level at 0.00038 will continue.
Caution: A possible change in the direction of the resistance level at 0.00041 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Matching Low’ candlestick chart pattern is found. The chart forms ‘Matching Low’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00044 |
| 2nd High | 0.00042 |
| Next High | 0.00041 |
| Current Price | 0.000402000 |
| Next Low | 0.00038 |
| 2nd Low | 0.00034 |
| 3rd Low |
0.00041 – 0.00042 – 0.00042 – 0.00038 – 0.0004 – 0.00041 —
0.000405000 – 0.000406000 —
56.652436736361 – 56.312858801095 —
– —
0.00041 – 1770658200
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Matching Low – – –