The pair BOOK OF MEME/Tether (BOME/USDT) jumps from the ascending trendline down.
A bearish movement downwards to the next support level at 0.009495000 is expected.
Caution: A possible change in the direction of resistance at 0.011250000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Three Black Crows’ chart pattern is detected. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 0.012595000 |
Next High | 0.011250000 |
Current Price | 0.010006000 |
Next Low | 0.009495000 |
2nd Low | 0.009209000 |
3rd Low | 0.009149000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows