BOME/USDT – 30M – SELLThe currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the ascending trendline down.
A descending movement downwards to the next support at 0.001521000 is certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.001661000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002063000 |
| 2nd High | 0.001715000 |
| Next High | 0.001661000 |
| Current Price | 0.001571000 |
| Next Low | 0.001521000 |
| 2nd Low | 0.001370000 |
| 3rd Low | 0.001226000 |
0.001661000 – 0.001567000 – 0.001436000 – 0.001521000 – 0.001370000 – 0.001382000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Northern Doji –