The combination BOOK OF MEME/Tether (BOME/USDT) moves from the ascending trendline downwards
A descent downwards to the next support at 0.001956000 will persist.
Caution: A possible trend reversal in the direction of resistance at 0.002060000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The currency pair is likely to fall.
In addition a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which is often a bearish chart scenario. The currency pair is likely to fall.
In addition a ‘Three Black Crows’ candle pattern is discovered. The candles form ‘Three Black Crows’. 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 success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002400000 |
| 2nd High | 0.002074000 |
| Next High | 0.002060000 |
| Current Price | 0.001966000 |
| Next Low | 0.001956000 |
| 2nd Low | 0.001932000 |
| 3rd Low | 0.001780000 |
0.002060000 – 0.002074000 – 0.002001000 – 0.001956000 – 0.001990000 – 0.001932000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Three Black Crows