The currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the ascending trendline downwards
A descent down to the next support level at 0.006178000 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.006922000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Three Black Crows’ candlestick pattern is discovered. The candles show ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.008282000 |
2nd High | 0.007202000 |
Next High | 0.006922000 |
Current Price | 0.006374000 |
Next Low | 0.006178000 |
2nd Low | 0.006008000 |
3rd Low | 0.006003000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows