The currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the bearish trendline down.
A continuation of the downtrend downwards to the next support level at 0.001874000 will continue.
Caution: A possible counter-trend in the direction of the resistance line at 0.001943000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The currency pair is likely to fall.
There is also a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bearish signal. The currency pair is likely to fall.
There is also a ‘Three Outside Down’ candle chart pattern is found. The candles show ‘Three Outside Down’. this is a bearish pattern 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 | 0.001975000 |
| 2nd High | 0.001969000 |
| Next High | 0.001943000 |
| Current Price | 0.001876000 |
| Next Low | 0.001874000 |
| 2nd Low | 0.001834000 |
| 3rd Low | 0.001813000 |
0.001943000 – 0.001969000 – 0.001906000 – 0.001874000 – 0.001834000 – 0.001870000 — 44.737582916236 – 38.564273106234
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Outside Down – Double top chart pattern – –