BOME/USDT – 1H – SELLBesides a ‘Triple top chart pattern’ chart pattern is discovered. The chart shows ‘Triple top chart pattern’. which is a negative pattern signal. The currency pair is likely to fall.
The pair BOOK OF MEME/Tether (BOME/USDT) goes from the descending trendline downwards
A continuation of the bearish trend downwards to the next support at 0.00037 is expected.
Caution: A possible counter-trend in the direction of resistance at 0.00083 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘%K cross above 20’ indicator signal is detected. The indicator is ‘%K cross above 20’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Besides a ‘Southern Doji’ candlestick chart pattern is found. The candles show ‘Southern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00092 |
| 2nd High | 0.00085 |
| Next High | 0.00083 |
| Current Price | 0.000670000 |
| Next Low | 0.00037 |
| 2nd Low | |
| 3rd Low |
0.00083 – 0.0008 – 0.00082 – 0.00072 – 0.00077 – 0.00075 — 28.331012696906 – 28.730671959551 — 0 – 0.60930914421843 – 12.818113507153 – 4.9087018457987
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Southern Doji – Triple top chart pattern – –