BOME/USDT – 1H – SELLThe pair BOOK OF MEME/Tether (BOME/USDT) moves from the bearish trendline downwards
A continuation of the downward movement down to the next support level at is certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.00069 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair is likely to fall.
Additionally a ‘%K crosses below %D’ indicator layout is detected. The indicator shows ‘%K crosses below %D’. which is often a bearish signal. The currency pair is likely to fall.
Additionally a ‘Matching Low’ candle pattern is existing. The chart shows ‘Matching Low’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00076 |
| 2nd High | 0.00074 |
| Next High | 0.00069 |
| Current Price | 0.000670000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.00069 – 0.00069 – 0.00074 – 0.00064 – 0.00066 – 0.00067 — 44.32012220565 – 43.622942365387 — 42.240937187896 – 26.798391232758 – 36.072505492211 – 37.093421869517
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Matching Low – – –