The currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the ascending trendline down.
A descending movement down to the next support line at is expected.
Caution: A possible counter-trend in the direction of resistance at 0.007202000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Three Outside Up’ chart pattern is found. The chart forms ‘Three Outside Up’. 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 ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.008454000 |
2nd High | 0.008282000 |
Next High | 0.007202000 |
Current Price | 0.005724000 |
Next Low | |
2nd Low | |
3rd Low |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Outside Up