The currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the bullish trendline down.
The bearish trend downwards to the next support level at 0.001813000 will continue.
Caution: A possible change in the direction of the resistance line at 0.001949000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Three Black Crows’ chart pattern is found. The candles show ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001995000 |
| 2nd High | 0.001982000 |
| Next High | 0.001949000 |
| Current Price | 0.001935000 |
| Next Low | 0.001813000 |
| 2nd Low | 0.001761000 |
| 3rd Low | 0.001704000 |
0.001913000 – 0.001896000 – 0.001949000 – 0.001813000 – 0.001761000 – 0.001843000 — 59.786195377507 – 55.717264993935
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – – –