The currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the bearish trendline downwards
A continuation of the downward movement downwards to the next support level at is considered certain.
Caution: A possible change in the direction of the resistance level at 0.005820000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Three Black Crows’ chart pattern is detected. The candles form ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.008282000 |
2nd High | 0.007202000 |
Next High | 0.005820000 |
Current Price | 0.005002000 |
Next Low | |
2nd Low | |
3rd Low |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows