BOME/USDT – 1H – SELLThe currency pair moves from the ascending trendline downwards
A descent down to the next support at 0.008311000 is certain.
Caution: A possible change in the direction of the resistance zone at 0.008835000 could occur.
Consider stop-loss settings accordingly.
And also a ‘Three White Soldiers’ candle pattern is found. The chart shows ‘Three White Soldiers’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.009473000 |
| 2nd High | 0.009180000 |
| Next High | 0.008835000 |
| Current Price | 0.009043000 |
| Next Low | 0.008311000 |
| 2nd Low | 0.006731000 |
| 3rd Low | 0.005957000 |