The combination BOOK OF MEME/Tether (BOME/USDT) jumps from the bearish trendline down.
A continuation of the bearish trend down to the next support line at 0.00037 will persist.
Caution: A possible change in the direction of the resistance zone at 0.00039 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Two Crows’ candle pattern is detected. The candles form ‘Two Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00042 |
| 2nd High | 0.00041 |
| Next High | 0.00039 |
| Current Price | 0.000381000 |
| Next Low | 0.00037 |
| 2nd Low | 0.00035 |
| 3rd Low | 0.00034 |
0.00039 – 0.00041 – 0.00042 – 0.00037 – 0.00037 – 0.00038 —
0.000378000 – 0.000387000 —
40.878370096473 – 59.041330536023 —
– —
0.00039 – 1772964000
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Two Crows – – –