BOME/USDT – 30M – SELLThe pair BOOK OF MEME/Tether (BOME/USDT) goes from the bearish trendline downwards
A continuation of the bearish trend down to the next support level at 0.005383000 is expected.
Caution: A possible trend reversal in the direction of resistance at 0.005799000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Then a ‘Two Crows’ chart pattern is detected. The chart shows ‘Two Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.005820000 |
| 2nd High | 0.005810000 |
| Next High | 0.005799000 |
| Current Price | 0.005002000 |
| Next Low | 0.005383000 |
| 2nd Low | 0.005356000 |
| 3rd Low |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Two Crows