The pair BOOK OF MEME/Tether (BOME/USDT) jumps from the bearish trendline downwards
A continuation of the downward movement downwards to the next support level at 0.00052 is considered certain.
Caution: A possible change in the direction of the resistance zone at 0.00057 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair could go down.
And also a ‘Bearish Belt Hold’ candlestick chart pattern is detected. The chart forms ‘Bearish Belt Hold’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00064 |
| 2nd High | 0.00063 |
| Next High | 0.00057 |
| Current Price | 0.000543000 |
| Next Low | 0.00052 |
| 2nd Low | 0.00047 |
| 3rd Low | 0.00041 |
0.00057 – 0.00063 – 0.00053 – 0.00052 – 0.00047 – 0.00041 —
0.000563000 – 0.000552000 —
56.47437169261 – 50.134438039462 —
– —
0.00057 – 1776430800
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bearish Belt Hold – – –