The currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support at 0.001946000 will persist.
Caution: A possible change in the direction of resistance at 0.001991000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The pair is likely to go down.
Besides a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.
Besides a ‘Two Crows’ candle pattern is detected. The chart forms ‘Two Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002116000 |
| 2nd High | 0.002038000 |
| Next High | 0.001991000 |
| Current Price | 0.001957000 |
| Next Low | 0.001946000 |
| 2nd Low | 0.001941000 |
| 3rd Low | 0.001905000 |
0.001991000 – 0.001978000 – 0.002038000 – 0.001946000 – 0.001941000 – 0.001905000 — 48.991037429718 – 44.728906751998
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Two Crows – – –