The pair BOOK OF MEME/Tether (BOME/USDT) moves from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support level at 0.00075 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.00081 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘%K crosses below %D’ indicator signal is detected. The indicator shows ‘%K crosses below %D’. this is usually a bearish chart signal. The pair is likely to go down.
Besides a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which is often a bearish chart signal. The pair is likely to go down.
Besides a ‘Northern Doji’ candlestick chart pattern is existing. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The currency 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 | 0.00083 |
| 2nd High | 0.00082 |
| Next High | 0.00081 |
| Current Price | 0.000791000 |
| Next Low | 0.00075 |
| 2nd Low | 0.00037 |
| 3rd Low |
0.00081 – 0.00082 – 0.00083 – 0.00075 – 0.00076 – 0.0008 — 59.282966202852 – 53.118010882429 — 38.816173289409 – 24.39085447263 – 38.770249579845 – 32.14676841253
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –