The pair BOOK OF MEME/Tether (BOME/USDT) goes from the ascending trendline down.
A bearish movement downwards to the next support line at 0.00054 is certain.
Caution: A possible trend reversal in the direction of resistance at 0.00057 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three Black Crows’ candle chart pattern is detected. The chart shows ‘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 | 0.0006 |
| 2nd High | 0.00058 |
| Next High | 0.00057 |
| Current Price | 0.000582000 |
| Next Low | 0.00054 |
| 2nd Low | 0.00053 |
| 3rd Low | 0.00052 |
0.00056 – 0.00057 – 0.00053 – 0.00054 – 0.00053 – 0.00052 —
0.000592000 – 0.000596000 —
75.899591803208 – 60.592849876138 —
– —
0.00056 – 1777869000
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – – –