The combination BOOK OF MEME/Tether (BOME/USDT) moves from the bullish trendline down.
The bearish trend down to the next support at 0.006786000 is considered certain.
Caution: A possible change in the direction of the resistance level at 0.007202000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Southern Doji’ chart pattern is detected. The candles show ‘Southern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.008454000 |
2nd High | 0.008282000 |
Next High | 0.007202000 |
Current Price | 0.006821000 |
Next Low | 0.006786000 |
2nd Low | 0.006715000 |
3rd Low | 0.006520000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Southern Doji