BOME/USDT – 30M – SELLThe currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the descending trendline down.
A continuation of the downtrend downwards to the next support level at 0.00062 will continue.
Caution: A possible counter-trend in the direction of resistance at 0.000707000 is also possible.
Consider stop-loss settings accordingly.
And also a ‘Northern Doji’ candlestick chart pattern is discovered. The candles show ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00083 |
| 2nd High | 0.00079 |
| Next High | 0.000707000 |
| Current Price | 0.000678000 |
| Next Low | 0.00062 |
| 2nd Low | 0.00037 |
| 3rd Low |
0.000707000 – 0.00079 – 0.00083 – 0.00062 – 0.00073 – 0.00072 — 47.187066240918 – 43.473886745051 — 45.601811779725 – 43.272269784283 – 39.549928551676 – 40.943573510875
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –