BOME/USDT – 30M – SELLThe currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the descending trendline down.
A continuation of the bearish trend down to the next support level at 0.001801000 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.001978000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Northern Doji’ chart pattern is detected. The candles form ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002289000 |
| 2nd High | 0.002092000 |
| Next High | 0.001978000 |
| Current Price | 0.001927000 |
| Next Low | 0.001801000 |
| 2nd Low | 0.001717000 |
| 3rd Low | 0.001704000 |
0.001978000 – 0.001944000 – 0.001966000 – 0.001801000 – 0.001823000 – 0.001900000 — 53.241276661207 – 49.863943397125
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – –