The combination BOOK OF MEME/Tether (BOME/USDT) jumps from the bearish trendline downwards
A continuation of the bearish trend down to the next support level at 0.001944000 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 0.002044000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Three Black Crows’ candle pattern is found. The candles form ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002490000 |
| 2nd High | 0.002082000 |
| Next High | 0.002044000 |
| Current Price | 0.002013000 |
| Next Low | 0.001944000 |
| 2nd Low | 0.001931000 |
| 3rd Low | 0.001704000 |
0.002044000 – 0.002082000 – 0.002029000 – 0.001944000 – 0.001969000 – 0.001950000 — 57.535411793926 – 54.727564713404
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – – –