BOME/USDT – 30M – SELLThe currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the bearish trendline down.
A continuation of the bearish trend downwards to the next support at will continue.
Caution: A possible counter-trend in the direction of the resistance line at 0.002414000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The currency pair is likely to fall.
Besides a ‘Matching Low’ candlestick pattern is discovered. The candles show ‘Matching Low’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002794000 |
| 2nd High | 0.002490000 |
| Next High | 0.002414000 |
| Current Price | 0.002268000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.002414000 – 0.002490000 – 0.002473000 – 0.002233000 – 0.002078000 – 0.001717000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Matching Low –