The combination BOOK OF MEME/Tether (BOME/USDT) goes from the ascending trendline down.
A descending movement downwards to the next support at 0.006008000 is expected.
Caution: A possible change in the direction of the resistance level at 0.006922000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Above the Stomach’ candle chart pattern is discovered. The candles form ‘Above the Stomach’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Above the Stomach’ heading up is 66% (Bull Market) & 67% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.008282000 |
2nd High | 0.007202000 |
Next High | 0.006922000 |
Current Price | 0.006101000 |
Next Low | 0.006008000 |
2nd Low | 0.006003000 |
3rd Low | 0.005971000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Above the Stomach