The combination BOOK OF MEME/Tether (BOME/USDT) goes from the bullish trendline downwards
A descending movement down to the next support at 0.006715000 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 0.007061000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Collapsing Doji Star’ candle pattern is detected. The chart shows ‘Collapsing Doji Star’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Collapsing Doji Star’ heading down is 63% (Bull Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.008282000 |
2nd High | 0.007099000 |
Next High | 0.007061000 |
Current Price | 0.007004000 |
Next Low | 0.006715000 |
2nd Low | 0.006520000 |
3rd Low | 0.006178000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Collapsing Doji Star