The currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the bullish trendline down.
A bearish movement downwards to the next support at 0.001541000 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 0.001739000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Three Outside Down’ candlestick pattern is existing. The candles show ‘Three Outside Down’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 0.001842000 |
Next High | 0.001739000 |
Current Price | 0.001645000 |
Next Low | 0.001541000 |
2nd Low | 0.001094000 |
3rd Low | 0.001030000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Outside Down