Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 0.0063255 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of support at 0.006643000 could happen.
Consider stop-loss settings accordingly.
And also a ‘Two Crows’ candlestick chart pattern is discovered. The candles form ‘Two Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.006881000 |
2nd High | 0.006750000 |
Next High | 0.006643000 |
Current Price | 0.006481000 |
Next Low | 0.006178000 |
2nd Low | 0.006008000 |
3rd Low | 0.006003000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Two Crows