The currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the bearish trendline down.
A continuation of the bearish trend downwards to the next support at 0.00075 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.00081 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which could be a negative signal. The pair is likely to go down.
Additionally a ‘Northern Doji’ candlestick chart pattern is existing. The candles show ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00083 |
| 2nd High | 0.00082 |
| Next High | 0.00081 |
| Current Price | 0.000787000 |
| Next Low | 0.00075 |
| 2nd Low | 0.00037 |
| 3rd Low |
0.00081 – 0.00082 – 0.00083 – 0.00075 – 0.00076 – 0.0008 — 56.95510778306 – 49.132376249914 — 39.591378684358 – 39.743208898571 – 26.676513362497 – 35.452107337529
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –