The currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the descending trendline down.
A continuation of the bearish trend down to the next support at is expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000582000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair is likely to fall.
There is also a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair is likely to fall.
There is also a ‘Three Black Crows’ candle chart pattern is detected. The chart shows ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. 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 | 0.00066 |
| 2nd High | 0.0006 |
| Next High | 0.000582000 |
| Current Price | 0.000554000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000582000 – 0.0006 – 0.00066 – 0.00052 – 0.00057 – 0.00054 —
0.000582000 – 0.000571000 —
59.714314010872 – 48.599929638927 —
0.000582000 – 1776880800 —
– 1776880800
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – – –