The combination BOOK OF MEME/Tether (BOME/USDT) moves from the descending trendline down.
A continuation of the downtrend downwards to the next support level at 0.008910000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.011167000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Three Black Crows’ chart pattern is detected. The chart forms ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.012595000 |
2nd High | 0.011250000 |
Next High | 0.011167000 |
Current Price | 0.008350000 |
Next Low | 0.008910000 |
2nd Low | 0.006731000 |
3rd Low | 0.005957000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows