The currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the bearish trendline downwards
A continuation of the bearish trend down to the next support at 0.008714000 will persist.
Caution: A possible change in the direction of the resistance level at 0.010078000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will persist. Current target is 0.009173 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 0.010078000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Three Black Crows’ candle chart pattern is existing. The candles show ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.010537000 |
2nd High | 0.010079000 |
Next High | 0.010078000 |
Current Price | 0.008967000 |
Next Low | 0.008714000 |
2nd Low | 0.008311000 |
3rd Low | 0.007731000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows