BOME/USDT – 30M – SELLThe combination BOOK OF MEME/Tether (BOME/USDT) jumps from the descending trendline down.
A continuation of the bearish trend downwards to the next support line at 0.001690000 is certain.
Caution: A possible trend reversal in the direction of resistance at 0.001799000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Northern Doji’ candle chart pattern is detected. The chart shows ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. 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 | 0.001978000 |
| 2nd High | 0.001971000 |
| Next High | 0.001799000 |
| Current Price | 0.001728000 |
| Next Low | 0.001690000 |
| 2nd Low | 0.001578000 |
| 3rd Low | 0.001552000 |
0.001799000 – 0.001799000 – 0.001971000 – 0.001690000 – 0.001703000 – 0.001712000 — 46.315783617761 – 40.377668284381
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – –