The combination BOOK OF MEME/Tether (BOME/USDT) goes from the descending trendline down.
A continuation of the downtrend down to the next support at is expected.
Caution: A possible change in the direction of the resistance level at 0.00053 could happen.
Consider stop-loss settings accordingly.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The currency pair is likely to fall.
Then a ‘Three Black Crows’ chart pattern is found. The candles form ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00058 |
| 2nd High | 0.00056 |
| Next High | 0.00053 |
| Current Price | 0.000521000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.00053 – 0.00052 – 0.00056 – 0.0005 – 0.00051 – 0.00052 —
0.000534000 – 0.000526000 —
56.79857222661 – 52.743168443777 —
– —
0.00053 – 1777201200
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – – –