BOME/USDT – 4H – SELLIn addition a ‘Double top chart pattern’ chart layout is discovered. The chart picture forms ‘Double top chart pattern’. which is a negative signal. The currency pair is likely to go down.
The currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the bearish trendline down.
A continuation of the bearish trend down to the next support line at 0.001650000 is considered certain.
Caution: A possible change in the direction of the resistance line at 0.001954000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Northern Doji’ chart pattern is existing. The chart forms ‘Northern Doji’. which is a positive 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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002289000 |
| 2nd High | 0.002250000 |
| Next High | 0.001954000 |
| Current Price | 0.001759000 |
| Next Low | 0.001650000 |
| 2nd Low | 0.001514000 |
| 3rd Low | 0.001468000 |
0.001954000 – 0.002250000 – 0.002034000 – 0.001761000 – 0.001779000 – 0.001650000 — 44.777613396163 – 39.169533778157
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Double top chart pattern – –