The pair BOOK OF MEME/Tether (BOME/USDT) goes from the ascending trendline down.
The bearish trend downwards to the next support at 0.001881000 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 0.001912000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Three Black Crows’ candlestick chart pattern is found. The candles show ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002194000 |
| 2nd High | 0.001918000 |
| Next High | 0.001912000 |
| Current Price | 0.001876000 |
| Next Low | 0.001881000 |
| 2nd Low | 0.001856000 |
| 3rd Low | 0.001813000 |
0.001912000 – 0.001881000 – 0.001853000 – 0.001881000 – 0.001856000 – 0.001813000 — 46.64178262279 – 41.518262432119
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – – –