The currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the bearish trendline downwards
A continuation of the downward movement downwards to the next support line at 0.010222000 is expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.011100000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Three Black Crows’ chart pattern is existing. The candles form ‘Three Black Crows’. this 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 | 0.012595000 |
2nd High | 0.011250000 |
Next High | 0.011100000 |
Current Price | 0.010443000 |
Next Low | 0.010222000 |
2nd Low | 0.009380000 |
3rd Low | 0.009209000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows