The combination BOOK OF MEME/Tether (BOME/USDT) jumps from the ascending trendline down.
A descending movement downwards to the next support at 0.0007 is likely expected.
Caution: A possible change in the direction of resistance at 0.000734000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Three Black Crows’ candlestick pattern is discovered. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00088 |
| 2nd High | 0.00087 |
| Next High | 0.000734000 |
| Current Price | 0.000703000 |
| Next Low | 0.0007 |
| 2nd Low | 0.00052 |
| 3rd Low | 0.00037 |
0.000734000 – 0.00087 – 0.00088 – 0.0007 – 0.00076 – 0.00076 — 43.927609337929 – 41.77944002011 — 42.541953718424 – 31.702104231583 – 46.925514172322 – 41.400554204498
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – – –