The pair BOOK OF MEME/Tether (BOME/USDT) goes from the bearish trendline down.
A continuation of the downward movement downwards to the next support line at 0.006715000 is certain.
Caution: A possible counter-trend in the direction of resistance at 0.007099000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Shooting Star’ candle chart pattern is found. The candles show ‘Shooting Star’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Shooting Star’ heading down is 59% (Bull Market) & 60% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.008454000 |
2nd High | 0.008282000 |
Next High | 0.007099000 |
Current Price | 0.007004000 |
Next Low | 0.006715000 |
2nd Low | 0.006520000 |
3rd Low | 0.006178000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Shooting Star