BOME/USDT – 30M – SELLThe combination BOOK OF MEME/Tether (BOME/USDT) goes from the descending trendline down.
A continuation of the downward movement downwards to the next support line at 0.00075 is expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.00082 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘%K crosses below %D’ indicator signal is discovered. The indicator shows ‘%K crosses below %D’. which is often a bearish signal. The currency pair could go down.
There is also a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a negative signal. The currency pair could go down.
There is also a ‘Three Outside Down’ chart pattern is discovered. The chart forms ‘Three Outside Down’. this 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 | 0.00084 |
| 2nd High | 0.00083 |
| Next High | 0.00082 |
| Current Price | 0.000781000 |
| Next Low | 0.00075 |
| 2nd Low | 0.00037 |
| 3rd Low |
0.00082 – 0.00081 – 0.00082 – 0.00075 – 0.00076 – 0.0008 — 47.200435478254 – 42.694920451644 — 76.726750665776 – 71.746160064673 – 65.171019789824 – 71.979763519949
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Outside Down – – –