The pair BOOK OF MEME/Tether (BOME/USDT) jumps from the ascending trendline downwards
A bearish trend down to the next support level at 0.006008000 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.007099000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Southern Doji’ candle chart pattern is discovered. The chart shows ‘Southern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 0.011304000 |
Next High | 0.007099000 |
Current Price | 0.006866000 |
Next Low | 0.006008000 |
2nd Low | 0.005971000 |
3rd Low |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Southern Doji