The currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the descending trendline down.
A continuation of the downward movement downwards to the next support at will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.002200000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The pair is likely to go down.
And also a ‘Three Black Crows’ candle pattern is detected. The chart forms ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002339000 |
| 2nd High | 0.002266000 |
| Next High | 0.002200000 |
| Current Price | 0.002100000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.002200000 – 0.002177000 – 0.002089000 – 0.002095000 – 0.001996000 – 0.002000000 — 36.324264518347 – 30.583428683993
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – – –