The pair BOOK OF MEME/Tether (BOME/USDT) jumps from the bullish trendline down.
A bearish trend downwards to the next support level at 0.009380000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.010537000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Three Black Crows’ candlestick pattern is existing. The candles show ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.011250000 |
2nd High | 0.011167000 |
Next High | 0.010537000 |
Current Price | 0.009703000 |
Next Low | 0.009380000 |
2nd Low | 0.009209000 |
3rd Low | 0.008714000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows