The pair BOOK OF MEME/Tether (BOME/USDT) jumps from the ascending trendline downwards
A descending movement down to the next support level at 0.006768000 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 0.006985000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Three Outside Down’ chart pattern is existing. The chart shows ‘Three Outside Down’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.008282000 |
2nd High | 0.007099000 |
Next High | 0.006985000 |
Current Price | 0.006875000 |
Next Low | 0.006768000 |
2nd Low | 0.006520000 |
3rd Low | 0.006178000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Outside Down