BOME/USDT – 30M – SELLThe combination BOOK OF MEME/Tether (BOME/USDT) jumps from the bearish trendline down.
A continuation of the bearish trend down to the next support at 0.001682000 is expected.
Caution: A possible change in the direction of the resistance line at 0.001824000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Collapsing Doji Star’ chart pattern is existing. The chart forms ‘Collapsing Doji Star’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Collapsing Doji Star’ going down is 63% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001978000 |
| 2nd High | 0.001971000 |
| Next High | 0.001824000 |
| Current Price | 0.001801000 |
| Next Low | 0.001682000 |
| 2nd Low | 0.001651000 |
| 3rd Low | 0.001578000 |
0.001824000 – 0.001774000 – 0.001799000 – 0.001682000 – 0.001651000 – 0.001690000 — 59.61932553996 – 57.221198394975
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Collapsing Doji Star – – –