BOME/USDT – 30M – SELLThe currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the ascending trendline down.
A bearish movement downwards to the next support at 0.00037 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.00079 is within the realm of possibility.
Consider stop-loss settings accordingly.
Besides a ‘RSI fall below 30’ indicator layout is found. The indicator is ‘RSI fall below 30’. which could be a negative signal. The currency pair could go down.
Besides a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.
Besides a ‘Three Outside Down’ chart pattern is discovered. The candles show ‘Three Outside Down’. this 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 Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00084 |
| 2nd High | 0.00083 |
| Next High | 0.00079 |
| Current Price | 0.000691000 |
| Next Low | 0.00037 |
| 2nd Low | |
| 3rd Low |
0.00079 – 0.00083 – 0.0008 – 0.00073 – 0.00072 – 0.00077 — 35.965874541015 – 27.029443829642 — 13.463868080793 – 9.7975228064971 – 14.034207249501 – 12.965297864801
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Outside Down – Double top chart pattern – –