BOME/USDT – 30M – SELLThe pair BOOK OF MEME/Tether (BOME/USDT) goes from the descending trendline downwards
A continuation of the downward movement downwards to the next support line at 0.001981000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.002063000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which is often a bearish chart signal. The currency pair could go down.
Moreover a ‘Matching Low’ candle chart pattern is existing. The candles form ‘Matching Low’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002101000 |
| 2nd High | 0.002091000 |
| Next High | 0.002063000 |
| Current Price | 0.002013000 |
| Next Low | 0.001981000 |
| 2nd Low | 0.001949000 |
| 3rd Low | 0.001926000 |
0.002063000 – 0.002091000 – 0.002101000 – 0.001981000 – 0.002018000 – 0.002003000 — 48.295531638095 – 47.841826126552
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Matching Low – – –