The pair BOOK OF MEME/Tether (BOME/USDT) moves from the bearish trendline down.
A continuation of the downtrend downwards to the next support at 0.006163000 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.006549000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Two Crows’ candlestick chart pattern is discovered. The chart shows ‘Two Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.006881000 |
2nd High | 0.006750000 |
Next High | 0.006549000 |
Current Price | 0.006329000 |
Next Low | 0.006163000 |
2nd Low | 0.006049000 |
3rd Low | 0.006003000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Two Crows