The currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the bullish trendline down.
A descending movement downwards to the next support at 0.009209000 is certain.
Caution: A possible reversal of the trend in the direction of resistance at 0.012595000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Three Black Crows’ chart pattern is found. The chart shows ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 0.012595000 |
Current Price | 0.010513000 |
Next Low | 0.009209000 |
2nd Low | 0.008714000 |
3rd Low | 0.008311000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows