The pair BOOK OF MEME/Tether (BOME/USDT) moves from the bullish trendline down.
A bearish movement down to the next support line at 0.00074 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 0.00078 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Northern Doji’ candle chart pattern is detected. The candles show ‘Northern 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 success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00083 |
| 2nd High | 0.00079 |
| Next High | 0.00078 |
| Current Price | 0.000740000 |
| Next Low | 0.00074 |
| 2nd Low | 0.00071 |
| 3rd Low | 0.00068 |
0.00078 – 0.00078 – 0.00077 – 0.00074 – 0.00074 – 0.00074 — 40.673614060014 – 36.78141559104 — 1.899151819484 – 1.899151819484 – 17.742297505712 – 4.2651691070422
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –