BOME/USDT – 30M – SELLThe currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the bullish trendline downwards
A descent downwards to the next support at 0.001840000 is expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.001946000 should be noted.
Consider stop-loss settings accordingly.
Also there is a ‘Northern Doji’ chart pattern is detected. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. 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 | 0.002018000 |
| 2nd High | 0.001977000 |
| Next High | 0.001946000 |
| Current Price | 0.001841000 |
| Next Low | 0.001840000 |
| 2nd Low | 0.001778000 |
| 3rd Low | 0.001761000 |
0.001946000 – 0.001860000 – 0.001859000 – 0.001840000 – 0.001778000 – 0.001761000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Northern Doji –