BOME/USDT – 30M – SELLThe currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the bearish trendline down.
A continuation of the bearish trend down to the next support level at 0.001949000 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.001995000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Shooting Star’ candlestick chart pattern is existing. The chart forms ‘Shooting Star’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Shooting Star’ going down is 59% (Bull Market) & 60% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002116000 |
| 2nd High | 0.002038000 |
| Next High | 0.001995000 |
| Current Price | 0.001955000 |
| Next Low | 0.001949000 |
| 2nd Low | 0.001946000 |
| 3rd Low | 0.001941000 |
0.001995000 – 0.001981000 – 0.001991000 – 0.001949000 – 0.001946000 – 0.001941000 — 46.130741409751 – 46.130741409751
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Shooting Star – – –