The currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the bullish trendline downwards
The bearish trend down to the next support line at 0.006178000 is expected.
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.
And also a ‘Matching Low’ candlestick pattern is found. The candles form ‘Matching Low’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.008282000 |
2nd High | 0.006881000 |
Next High | 0.006777000 |
Current Price | 0.006653000 |
Next Low | 0.006178000 |
2nd Low | 0.006008000 |
3rd Low | 0.006003000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Matching Low