The currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the bullish trendline down.
The bearish trend down to the next support line at 0.006083000 will persist.
Caution: A possible counter-trend in the direction of resistance at 0.006490000 could happen.
Consider stop-loss settings accordingly.
Next a ‘Southern Doji’ candlestick chart pattern is found. The candles form ‘Southern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.006549000 |
2nd High | 0.006511000 |
Next High | 0.006490000 |
Current Price | 0.006142000 |
Next Low | 0.006083000 |
2nd Low | 0.006049000 |
3rd Low | 0.006003000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Southern Doji