BOME/USDT – 30M – SELLThe currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the bullish trendline down.
A bearish descent downwards to the next support level at 0.002194000 is likely expected.
Caution: A possible trend reversal in the direction of resistance at 0.002461000 should always be considered.
Consider stop-loss settings accordingly.
Besides a ‘Northern Doji’ candle chart pattern is found. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. 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 | 0.002794000 |
| 2nd High | 0.002593000 |
| Next High | 0.002461000 |
| Current Price | 0.002302000 |
| Next Low | 0.002194000 |
| 2nd Low | 0.001704000 |
| 3rd Low | 0.001703000 |
0.002461000 – 0.001819000 – 0.001842000 – 0.002194000 – 0.001704000 – 0.001773000 — 59.020583296109 – 57.307589306325
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Double bottom chart pattern – –