The pair BOOK OF MEME/Tether (BOME/USDT) moves from the ascending trendline down.
The bearish trend down to the next support at 0.010000000 is certain.
Caution: A possible change in the direction of the resistance zone at 0.012595000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Three Black Crows’ chart pattern is detected. The chart forms ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 0.012595000 |
Current Price | 0.009842000 |
Next Low | 0.010000000 |
2nd Low | 0.009149000 |
3rd Low | 0.008714000 |