BOME/USDT – 1H – SELLThe pair BOOK OF MEME/Tether (BOME/USDT) jumps from the descending trendline down.
A continuation of the downward movement downwards to the next support level at 0.00067 is considered certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.00072 could happen.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.
In addition a ‘Northern Doji’ candle chart pattern is detected. The chart forms ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. 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 | 0.00087 |
| 2nd High | 0.00073 |
| Next High | 0.00072 |
| Current Price | 0.000685000 |
| Next Low | 0.00067 |
| 2nd Low | 0.00052 |
| 3rd Low | 0.00037 |
0.00072 – 0.00071 – 0.00073 – 0.00067 – 0.00069 – 0.00069 — 54.440248988467 – 46.350980973731 — 63.610764919642 – 67.227585085622 – 37.665081754675 – 54.763378121218
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –