The pair BOOK OF MEME/Tether (BOME/USDT) moves from the ascending trendline downwards
A bearish movement down to the next support at will persist.
Caution: A possible change in the direction of the resistance level at 0.006922000 could occur.
Consider stop-loss settings accordingly.
Moreover a ‘Bearish Belt Hold’ candlestick pattern is detected. The candles show ‘Bearish Belt Hold’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.008282000 |
2nd High | 0.007202000 |
Next High | 0.006922000 |
Current Price | 0.005900000 |
Next Low | |
2nd Low | |
3rd Low |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bearish Belt Hold