BOME/USDT – 30M – SELLThe currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the bearish trendline downwards
A continuation of the downtrend downwards to the next support level at 0.00038 is considered certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.00041 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Matching Low’ chart pattern is detected. The chart shows ‘Matching Low’. 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 chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00044 |
| 2nd High | 0.00042 |
| Next High | 0.00041 |
| Current Price | 0.000402000 |
| Next Low | 0.00038 |
| 2nd Low | 0.00034 |
| 3rd Low |
0.00041 – 0.00042 – 0.00042 – 0.00038 – 0.0004 – 0.00041 —
0.000403000 – 0.000404000 —
56.6524351528 – 54.17946284058 —
– —
0.00041 – 1770658200
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Matching Low – – –