The pair BOOK OF MEME/Tether (BOME/USDT) goes from the bullish trendline downwards
A bearish descent downwards to the next support line at 0.001541000 is expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.001679000 is also possible.
Consider stop-loss settings accordingly.
Additionally a ‘Two Crows’ candle pattern is detected. The chart shows ‘Two Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.001842000 |
2nd High | 0.001739000 |
Next High | 0.001679000 |
Current Price | 0.001564000 |
Next Low | 0.001541000 |
2nd Low | 0.001094000 |
3rd Low | 0.001030000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Two Crows