The currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the descending trendline downwards
A continuation of the downward movement down to the next support at 0.001834000 is certain.
Caution: A possible change in the direction of the resistance zone at 0.001969000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Three Outside Down’ candlestick chart pattern is discovered. The chart shows ‘Three Outside Down’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001995000 |
| 2nd High | 0.001975000 |
| Next High | 0.001969000 |
| Current Price | 0.001911000 |
| Next Low | 0.001834000 |
| 2nd Low | 0.001813000 |
| 3rd Low | 0.001761000 |
0.001969000 – 0.001975000 – 0.001969000 – 0.001834000 – 0.001904000 – 0.001813000 — 50.923827453751 – 50.363873892359
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Outside Down – – –