The pair BOOK OF MEME/Tether (BOME/USDT) jumps from the descending trendline down.
A continuation of the bearish trend downwards to the next support at 0.008155000 will continue.
Caution: A possible counter-trend in the direction of resistance at 0.009217000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Three Black Crows’ chart pattern is found. The candles form ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. 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 | 0.010079000 |
2nd High | 0.009764000 |
Next High | 0.009217000 |
Current Price | 0.008285000 |
Next Low | 0.008155000 |
2nd Low | 0.007731000 |
3rd Low | 0.007436000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows