BOME/USDT – 30M – SELLThe pair BOOK OF MEME/Tether (BOME/USDT) jumps from the ascending trendline downwards
The bearish trend downwards to the next support level at 0.002000000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.002089000 could happen.
Consider stop-loss settings accordingly.
Additionally a ‘Matching Low’ candlestick chart pattern is detected. The chart shows ‘Matching Low’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002266000 |
| 2nd High | 0.002159000 |
| Next High | 0.002089000 |
| Current Price | 0.002012000 |
| Next Low | 0.002000000 |
| 2nd Low | 0.001979000 |
| 3rd Low | 0.001964000 |
0.002089000 – 0.002032000 – 0.002159000 – 0.002000000 – 0.001979000 – 0.001964000 — 41.453247205707 – 40.938042466064
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Matching Low – Double top chart pattern – –