BOME/USDT – 30M – SELLThe currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the ascending trendline downwards
A bearish trend down to the next support at 0.001761000 will persist.
Caution: A possible change in the direction of the resistance level at 0.001901000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Matching Low’ candlestick pattern is detected. The chart shows ‘Matching Low’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002194000 |
| 2nd High | 0.001954000 |
| Next High | 0.001901000 |
| Current Price | 0.001772000 |
| Next Low | 0.001761000 |
| 2nd Low | 0.001739000 |
| 3rd Low | 0.001691000 |
0.001901000 – 0.001954000 – 0.001912000 – 0.001851000 – 0.001881000 – 0.001856000 — 28.082590530104 – 27.704072942108
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Matching Low – Rising Wedge Chart Pattern – –