The pair BOOK OF MEME/Tether (BOME/USDT) goes from the ascending trendline down.
A bearish movement down to the next support level at 0.006163000 will persist.
Caution: A possible change in the direction of the resistance level at 0.006549000 should be noted.
Consider stop-loss settings accordingly.
And also a ‘Matching Low’ candle pattern is existing. The chart forms ‘Matching Low’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.006881000 |
2nd High | 0.006750000 |
Next High | 0.006549000 |
Current Price | 0.006240000 |
Next Low | 0.006163000 |
2nd Low | 0.006049000 |
3rd Low | 0.006003000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Matching Low