The currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the ascending trendline down.
A descending movement downwards to the next support level at 0.009380000 is certain.
Caution: A possible reversal of the trend in the direction of resistance at 0.010537000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Three Black Crows’ candlestick chart pattern is found. The chart forms ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. 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 | 0.011250000 |
2nd High | 0.011167000 |
Next High | 0.010537000 |
Current Price | 0.009321000 |
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