The pair BOOK OF MEME/Tether (BOME/USDT) moves from the ascending trendline downwards
The bearish trend downwards to the next support level at 0.001949000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.002088000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The pair is likely to go down.
In addition a ‘Northern Doji’ candlestick pattern is found. The candles show ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002490000 |
| 2nd High | 0.002116000 |
| Next High | 0.002088000 |
| Current Price | 0.002066000 |
| Next Low | 0.001949000 |
| 2nd Low | 0.001926000 |
| 3rd Low | 0.001918000 |
0.002088000 – 0.002060000 – 0.002060000 – 0.001949000 – 0.001993000 – 0.001991000 — 69.013292886253 – 62.326233425664
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Double bottom chart pattern – –