The combination BOOK OF MEME/Tether (BOME/USDT) moves from the bearish trendline down.
A continuation of the downward movement down to the next support line at 0.001982000 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.002116000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002358000 |
| 2nd High | 0.002121000 |
| Next High | 0.002116000 |
| Current Price | 0.002089000 |
| Next Low | 0.001982000 |
| 2nd Low | 0.001939000 |
| 3rd Low | 0.001900000 |
0.002095000 – 0.002116000 – 0.002121000 – 0.001982000 – 0.001939000 – 0.001994000 — 57.993871441158 – 54.638525773818
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – –