The currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the bearish trendline down.
A continuation of the downward movement downwards to the next support at 0.001488000 will continue.
Caution: A possible change in the direction of the resistance zone at 0.001580000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Tweezers Top’ candle pattern is detected. The candles show ‘Tweezers Top’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001638000 |
| 2nd High | 0.001620000 |
| Next High | 0.001580000 |
| Current Price | 0.001532000 |
| Next Low | 0.001488000 |
| 2nd Low | 0.001468000 |
| 3rd Low | 0.001414000 |
0.001580000 – 0.001620000 – 0.001638000 – 0.001529000 – 0.001579000 – 0.001488000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Tweezers Top –