Also there is a ‘Double bottom retreat down’ chart pattern is found. The chart forms ‘Double bottom retreat down’. which is a bearish chart scenario. The currency pair is likely to go down.
The combination BOOK OF MEME/Tether (BOME/USDT) goes from the bullish trendline down.
A bearish descent downwards to the next support at 0.001801000 is likely expected.
Caution: A possible change in the direction of resistance at 0.001966000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bearish signal. The currency pair is likely to fall.
Also there is a ‘Three Black Crows’ chart pattern is found. The chart forms ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002289000 |
| 2nd High | 0.002092000 |
| Next High | 0.001966000 |
| Current Price | 0.001926000 |
| Next Low | 0.001801000 |
| 2nd Low | 0.001717000 |
| 3rd Low | 0.001704000 |
0.001944000 – 0.001966000 – 0.002092000 – 0.001801000 – 0.001823000 – 0.001900000 — 49.278795143947 – 41.672887283369
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – Double bottom retreat down –