The combination BOOK OF MEME/Tether (BOME/USDT) goes from the bearish trendline down.
A continuation of the downward movement down to the next support at 0.008500000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.011167000 should be noted.
Consider stop-loss settings accordingly.
Then a ‘Three Black Crows’ chart pattern is detected. The candles show ‘Three Black Crows’. this is a bearish 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’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.012595000 |
2nd High | 0.011250000 |
Next High | 0.011167000 |
Current Price | 0.010322000 |
Next Low | 0.008500000 |
2nd Low | 0.008155000 |
3rd Low | 0.006731000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows