BOME/USDT – 30M – SELLThe combination BOOK OF MEME/Tether (BOME/USDT) jumps from the descending trendline down.
A continuation of the bearish trend down to the next support level at 0.001840000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.001946000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Northern Doji’ candle pattern is detected. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002018000 |
| 2nd High | 0.001977000 |
| Next High | 0.001946000 |
| Current Price | 0.001780000 |
| Next Low | 0.001840000 |
| 2nd Low | 0.001778000 |
| 3rd Low | 0.001761000 |
0.001946000 – 0.001860000 – 0.001859000 – 0.001840000 – 0.001778000 – 0.001761000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Northern Doji –