BOME/USDT – 1H – BUYThe pair BOOK OF MEME/Tether (BOME/USDT) goes from the descending trendline downwards
A continuation of the bearish trend downwards to the next support level at 0.006178000 is likely expected.
Caution: A possible change in the direction of the resistance level at 0.006643000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Two Crows’ candlestick pattern is existing. The candles form ‘Two Crows’. which 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 chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.006881000 |
| 2nd High | 0.006750000 |
| Next High | 0.006643000 |
| Current Price | 0.006585000 |
| Next Low | 0.006178000 |
| 2nd Low | 0.006008000 |
| 3rd Low | 0.006003000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Two Crows