Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Current target is 0.006643906 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support zone at 0.006985000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Three Black Crows’ candlestick pattern is detected. The chart shows ‘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 probability of ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.008282000 |
2nd High | 0.007099000 |
Next High | 0.006985000 |
Current Price | 0.006781000 |
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 Black Crows