BOME/USDT – 30M – SELLThe combination BOOK OF MEME/Tether (BOME/USDT) jumps from the descending trendline down.
A continuation of the downtrend downwards to the next support at 0.001699000 is certain.
Caution: A possible counter-trend in the direction of resistance at 0.001815000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Tweezers Top’ candlestick pattern is found. The candles form ‘Tweezers Top’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001901000 |
| 2nd High | 0.001838000 |
| Next High | 0.001815000 |
| Current Price | 0.001716000 |
| Next Low | 0.001699000 |
| 2nd Low | 0.001691000 |
| 3rd Low | 0.001650000 |
0.001815000 – 0.001838000 – 0.001901000 – 0.001699000 – 0.001744000 – 0.001756000 — 42.173192842247 – 39.337976533766
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Tweezers Top – – –