The pair BOOK OF MEME/Tether (BOME/USDT) jumps from the bullish trendline downwards
A descending movement down to the next support at 0.00044 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 0.0005 could occur.
Consider stop-loss settings accordingly.
Furthermore a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.
Furthermore a ‘Three Black Crows’ candlestick chart pattern is found. The chart shows ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00062 |
| 2nd High | 0.00051 |
| Next High | 0.0005 |
| Current Price | 0.000436000 |
| Next Low | 0.00044 |
| 2nd Low | 0.00037 |
| 3rd Low | 0.00035 |
0.0005 – 0.00046 – 0.00044 – 0.00044 – 0.00037 – 0.00035 —
0.000505000 – 0.000481000 —
74.589487475441 – 58.189569737739 —
– —
0.0005 – 1773403200
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – – –