The currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the ascending trendline downwards
A descent down to the next support line at 0.006008000 is likely expected.
Caution: A possible change in the direction of the resistance zone at 0.006922000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Three Inside Down’ candle pattern is detected. The candles show ‘Three Inside Down’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.008282000 |
2nd High | 0.007202000 |
Next High | 0.006922000 |
Current Price | 0.006059000 |
Next Low | 0.006008000 |
2nd Low | 0.006003000 |
3rd Low | 0.005971000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Inside Down