BOME/USDT – 4H – SELLThe pair BOOK OF MEME/Tether (BOME/USDT) goes from the descending trendline downwards
A continuation of the downtrend downwards to the next support at 0.00035 is certain.
Caution: A possible change in the direction of resistance at 0.00043 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Tweezers Top’ candlestick pattern is existing. The candles show ‘Tweezers Top’. this 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 ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00051 |
| 2nd High | 0.00047 |
| Next High | 0.00043 |
| Current Price | 0.000383000 |
| Next Low | 0.00035 |
| 2nd Low | 0.00034 |
| 3rd Low |
0.00043 – 0.00043 – 0.00047 – 0.00035 – 0.00037 – 0.0004 —
0.000383000 – 0.000392000 —
47.022105309954 – 52.57271173186 —
– —
0.00043 – 1772049600
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Tweezers Top – – –