The pair BOOK OF MEME/Tether (BOME/USDT) goes from the ascending trendline down.
A bearish trend down to the next support level at 0.006178000 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.006643000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Three Black Crows’ candlestick chart pattern is detected. The candles form ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.006881000 |
2nd High | 0.006750000 |
Next High | 0.006643000 |
Current Price | 0.006540000 |
Next Low | 0.006178000 |
2nd Low | 0.006008000 |
3rd Low | 0.006003000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows