The combination BOOK OF MEME/Tether (BOME/USDT) jumps from the ascending trendline downwards
A bearish trend downwards to the next support line at 0.00041 will continue.
Caution: A possible counter-trend in the direction of the resistance line at 0.00057 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Three Black Crows’ candlestick chart pattern is detected. The candles form ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. 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 | 0.00063 |
| 2nd High | 0.00062 |
| Next High | 0.00057 |
| Current Price | 0.000546000 |
| Next Low | 0.00041 |
| 2nd Low | 0.00037 |
| 3rd Low | 0.00036 |
0.00053 – 0.00046 – 0.00041 – 0.00041 – 0.00037 – 0.00038 —
0.000523000 – 0.000570000 —
70.072085840073 – 66.918095448514 —
– —
0.00053 – 1776312000
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – – –