The currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the descending trendline downwards
A continuation of the bearish trend down to the next support line at 0.001813000 will persist.
Caution: A possible trend reversal in the direction of resistance at 0.001881000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The currency pair could go down.
There is also a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The currency pair is likely to fall.
There is also a ‘Three Black Crows’ candle pattern is existing. The candles show ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002194000 |
| 2nd High | 0.001918000 |
| Next High | 0.001881000 |
| Current Price | 0.001862000 |
| Next Low | 0.001813000 |
| 2nd Low | 0.001761000 |
| 3rd Low | 0.001739000 |
0.001881000 – 0.001853000 – 0.001918000 – 0.001813000 – 0.001761000 – 0.001825000 — 53.837826244339 – 49.699196944868
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – – –