The combination BOOK OF MEME/Tether (BOME/USDT) goes from the bearish trendline down.
A continuation of the downtrend down to the next support at 0.00045 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.00048 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Two Crows’ candlestick pattern is detected. The chart forms ‘Two 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 ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00051 |
| 2nd High | 0.00049 |
| Next High | 0.00048 |
| Current Price | 0.000450000 |
| Next Low | 0.00045 |
| 2nd Low | 0.00043 |
| 3rd Low | 0.00037 |
0.00048 – 0.00049 – 0.00051 – 0.00045 – 0.00046 – 0.00048 —
0.000472000 – 0.000461000 —
50.352981204973 – 39.375086748422 —
– —
0.00048 – 1770233400
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Two Crows – Double top chart pattern – –