BOME/USDT – 30M – SELLThe currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the bearish trendline down.
A continuation of the downward movement down to the next support at 0.00064 is expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.00069 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Northern Doji’ candlestick pattern is discovered. 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 probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00074 |
| 2nd High | 0.0007 |
| Next High | 0.00069 |
| Current Price | 0.000670000 |
| Next Low | 0.00064 |
| 2nd Low | 0.00054 |
| 3rd Low | 0.00052 |
0.00069 – 0.00069 – 0.00069 – 0.00064 – 0.00066 – 0.00067 — 44.983812192886 – 42.002650016824 — 25.972879573285 – 17.618886635114 – 45.230346346736 – 31.187238624696
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –