The combination BOOK OF MEME/Tether (BOME/USDT) jumps from the bullish trendline downwards
A bearish trend down to the next support at 0.006715000 is certain.
Caution: A possible change in the direction of the resistance zone at 0.007061000 could be enabled.
Consider stop-loss settings accordingly.
Besides a ‘Matching Low’ candlestick chart pattern is detected. The chart forms ‘Matching Low’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.008282000 |
2nd High | 0.007099000 |
Next High | 0.007061000 |
Current Price | 0.006835000 |
Next Low | 0.006715000 |
2nd Low | 0.006520000 |
3rd Low | 0.006178000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Matching Low