The combination BOOK OF MEME/Tether (BOME/USDT) jumps from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support level at 0.00042 is considered certain.
Caution: A possible change in the direction of the resistance level at 0.00045 should be noted.
Consider stop-loss settings accordingly.
Besides a ‘Two Crows’ candle pattern is discovered. The candles form ‘Two Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00047 |
| 2nd High | 0.00046 |
| Next High | 0.00045 |
| Current Price | 0.000433000 |
| Next Low | 0.00042 |
| 2nd Low | 0.00039 |
| 3rd Low | 0.00037 |
0.00044 – 0.00044 – 0.00045 – 0.00042 – 0.00043 – 0.00042 —
0.000437000 – 0.000437000 —
54.645224744564 – 53.661114091698 —
– —
0.00044 – 1771389000
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –