The currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the bullish trendline downwards
A descending movement down to the next support line at 0.006008000 is likely expected.
Caution: A possible change in the direction of resistance at 0.006922000 is within the realm of possibility.
Consider stop-loss settings accordingly.
And also a ‘Three Black Crows’ chart pattern is existing. The candles form ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.008282000 |
2nd High | 0.007202000 |
Next High | 0.006922000 |
Current Price | 0.006150000 |
Next Low | 0.006008000 |
2nd Low | 0.006003000 |
3rd Low | 0.005971000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows