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 line at 0.001872000 is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.001905000 could be enabled.
Consider stop-loss settings accordingly.
Besides a ‘Three Black Crows’ candlestick pattern is existing. The candles form ‘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 chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001969000 |
| 2nd High | 0.001943000 |
| Next High | 0.001905000 |
| Current Price | 0.001871000 |
| Next Low | 0.001872000 |
| 2nd Low | 0.001834000 |
| 3rd Low | 0.001813000 |
0.001905000 – 0.001943000 – 0.001969000 – 0.001872000 – 0.001874000 – 0.001834000 — 48.271333984667 – 39.986510636494
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – – –