The currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support at 0.0007 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.00079 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘%K crosses below %D’ indicator signal is detected. The indicator is ‘%K crosses below %D’. which could be a negative chart scenario. The currency pair is likely to fall.
Then a ‘Three Black Crows’ candle chart pattern is discovered. The candles form ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00082 |
| 2nd High | 0.00081 |
| Next High | 0.00079 |
| Current Price | 0.000706000 |
| Next Low | 0.0007 |
| 2nd Low | 0.00054 |
| 3rd Low | 0.00052 |
0.00079 – 0.00081 – 0.00082 – 0.0007 – 0.00071 – 0.00076 — 45.122348950958 – 39.827286290727 — 79.204341859238 – 62.652853662575 – 58.7421015938 – 67.877498232301
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –