The currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the bullish trendline downwards
A bearish trend downwards to the next support at 0.00045 is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.00047 could happen.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Two Crows’ candle chart pattern is detected. The candles show ‘Two Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00051 |
| 2nd High | 0.0005 |
| Next High | 0.00047 |
| Current Price | 0.000477000 |
| Next Low | 0.00045 |
| 2nd Low | 0.00042 |
| 3rd Low | 0.0004 |
0.00047 – 0.00044 – 0.00044 – 0.00045 – 0.00042 – 0.00043 —
0.000464000 – 0.000479000 —
68.344644324431 – 76.003574409795 —
– —
0.00047 – 1781492400
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Two Crows – – –