BOME/USDT – 30M – SELLThe combination BOOK OF MEME/Tether (BOME/USDT) jumps from the bullish trendline downwards
A bearish movement downwards to the next support at 0.001486000 is certain.
Caution: A possible change in the direction of the resistance line at 0.001561000 should be noted.
Consider stop-loss settings accordingly.
Next a ‘Three Outside Down’ candlestick pattern is detected. The candles show ‘Three Outside Down’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001714000 |
| 2nd High | 0.001669000 |
| Next High | 0.001561000 |
| Current Price | 0.001503000 |
| Next Low | 0.001486000 |
| 2nd Low | 0.001414000 |
| 3rd Low | 0.001370000 |
0.001561000 – 0.001548000 – 0.001669000 – 0.001486000 – 0.001545000 – 0.001583000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Three Outside Down –