The combination BOOK OF MEME/Tether (BOME/USDT) jumps from the descending trendline down.
A continuation of the downtrend down to the next support level at is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.00041 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart scenario. The currency pair could go up.
There is also a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair could go up.
There is also a ‘Tweezers Top’ candle chart pattern is detected. The candles form ‘Tweezers Top’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00044 |
| 2nd High | 0.00042 |
| Next High | 0.00041 |
| Current Price | 0.000387000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.00041 – 0.0004 – 0.00039 – 0.00037 – 0.00037 – 0.00038 —
0.000396000 – 0.000393000 —
51.292327836014 – 41.515329161269 —
– —
0.00041 – 1770894000
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Tweezers Top – – –