BOME/USDT – 4H – SELLThe currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the descending trendline down.
A continuation of the bearish trend downwards to the next support line at 0.00062 will persist.
Caution: A possible change in the direction of the resistance line at 0.00078 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Southern Doji’ candle chart pattern is discovered. The candles form ‘Southern 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 success rate of a ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00099 |
| 2nd High | 0.00083 |
| Next High | 0.00078 |
| Current Price | 0.000726000 |
| Next Low | 0.00062 |
| 2nd Low | 0.00037 |
| 3rd Low |
0.00078 – 0.00083 – 0.00099 – 0.00062 – 0.00075 – 0.00079 — 43.566170055394 – 43.566170055394 — 0 – 0 – 1.5609679570145 – 0.78048397850727
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Southern Doji – – –