The pair BOOK OF MEME/Tether (BOME/USDT) goes from the descending trendline downwards
A continuation of the bearish trend down to the next support at 0.00043 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 0.00051 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘MACD crosses below signal’ indicator signal is discovered. The indicator is ‘MACD crosses below signal’. which could be a negative chart scenario. The pair is likely to go down.
There is also a ‘Three Black Crows’ chart pattern is found. The candles show ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00076 |
| 2nd High | 0.00062 |
| Next High | 0.00051 |
| Current Price | 0.000450000 |
| Next Low | 0.00043 |
| 2nd Low | 0.00037 |
| 3rd Low |
0.00051 – 0.00062 – 0.00076 – 0.00043 – 0.00056 – 0.00056 —
0.000501000 – 0.000483000 —
41.364743711458 – 41.498848629997 —
– —
0.00051 – 1770105600
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – – –