The pair BOOK OF MEME/Tether (BOME/USDT) jumps from the descending trendline down.
A continuation of the downtrend downwards to the next support at is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.00041 could be enabled.
Consider stop-loss settings accordingly.
Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The currency pair is likely to fall.
Moreover a ‘Three Black Crows’ candlestick pattern is found. The chart forms ‘Three Black Crows’. this is a bearish signal. 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’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00043 |
| 2nd High | 0.00042 |
| Next High | 0.00041 |
| Current Price | 0.000404000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.00041 – 0.00042 – 0.00043 – 0.0004 – 0.00041 – 0.00039 —
0.000411000 – 0.000410000 —
43.104029801577 – 44.959740033497 —
– —
0.00041 – 1772769600
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – – –