BOME/USDT – 30M – BUYThe pair BOOK OF MEME/Tether (BOME/USDT) jumps from the ascending trendline downwards
A bearish trend downwards to the next support line at 0.006178000 will continue.
Caution: A possible counter-trend in the direction of the resistance level at 0.006777000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Southern Doji’ candle chart pattern is discovered. The chart forms ‘Southern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.008282000 |
| 2nd High | 0.006881000 |
| Next High | 0.006777000 |
| 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 – Southern Doji