The pair BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline up.
An ascent up to the next resistance at 0.006549000 is expected.
Caution: A possible change in the direction of the support level at 0.006123000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Two-Candle Shooting Star’ candle pattern is detected. The candles show ‘Two-Candle Shooting Star’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two-Candle Shooting Star’ going down is 61% (Bull Market) & 58% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.006881000 |
2nd High | 0.006750000 |
Next High | 0.006549000 |
Current Price | 0.006388000 |
Next Low | 0.006123000 |
2nd Low | 0.006121000 |
3rd Low | 0.006049000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Two-Candle Shooting Star