The combination BOOK OF MEME/Tether (BOME/USDT) moves from the descending trendline downwards
A continuation of the downward movement downwards to the next support line at 0.00054 will persist.
Caution: A possible trend reversal in the direction of resistance at 0.00057 could occur.
Consider stop-loss settings accordingly.
Besides a ‘Three Black Crows’ chart pattern is existing. The chart forms ‘Three Black Crows’. which 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’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00062 |
| 2nd High | 0.00061 |
| Next High | 0.00057 |
| Current Price | 0.000523000 |
| Next Low | 0.00054 |
| 2nd Low | 0.00052 |
| 3rd Low | 0.00037 |
0.00057 – 0.00056 – 0.00056 – 0.00054 – 0.00052 – 0.00052 —
0.000535000 – 0.000529000 —
32.407239513057 – 29.218237486502 —
– —
0.00057 – 1769799600
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – Double top chart pattern – –