Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.0068095 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 0.007099000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Besides a ‘Two Crows’ candlestick chart pattern is found. The candles show ‘Two Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.008454000 |
2nd High | 0.008282000 |
Next High | 0.007099000 |
Current Price | 0.006950000 |
Next Low | 0.006768000 |
2nd Low | 0.006520000 |
3rd Low | 0.006178000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Two Crows