The combination BOOK OF MEME/Tether (BOME/USDT) goes from the descending trendline down.
A continuation of the downtrend downwards to the next support at 0.006534000 will persist.
Caution: A possible change in the direction of the resistance level at 0.008282000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Three Line Strike – Bearish’ candlestick chart pattern is detected. The candles show ‘Three Line Strike – Bearish’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Line Strike – Bearish’ heading down is 84% (Bull Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.008984000 |
2nd High | 0.008454000 |
Next High | 0.008282000 |
Current Price | 0.006744000 |
Next Low | 0.006534000 |
2nd Low | |
3rd Low |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Line Strike – Bearish