The pair BOOK OF MEME/Tether (BOME/USDT) goes from the ascending trendline downwards
A bearish movement down to the next support level at 0.00053 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.0009 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.
Furthermore a ‘Two Crows’ candle chart pattern is existing. The candles show ‘Two Crows’. which is a bearish signal. The 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 | 0.00095 |
| 2nd High | 0.00092 |
| Next High | 0.0009 |
| Current Price | 0.000575000 |
| Next Low | 0.00053 |
| 2nd Low | 0.00048 |
| 3rd Low | 0.00047 |
0.0009 – 0.00061 – 0.00055 – 0.00053 – 0.00048 – 0.00049 —
0.000616000 – 0.000621000 —
50.082230079064 – 55.367756498964 —
– —
0.0009 – 1776614400
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –