The combination BOOK OF MEME/Tether (BOME/USDT) moves from the ascending trendline down.
A bearish descent downwards to the next support line at 0.008910000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.011167000 is also possible.
Consider stop-loss settings accordingly.
Then a ‘Three Black Crows’ candle chart pattern is discovered. The candles form ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.012595000 |
2nd High | 0.011250000 |
Next High | 0.011167000 |
Current Price | 0.009202000 |
Next Low | 0.008910000 |
2nd Low | 0.006731000 |
3rd Low | 0.005957000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows