The currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the bearish trendline down.
A continuation of the bearish trend down to the next support at 0.0006 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.00061 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘StochRSI %K falls below 0.8’ indicator signal is found. The indicator is ‘StochRSI %K falls below 0.8’. this is usually a bearish chart scenario. The currency pair is likely to fall.
Moreover a ‘Three Black Crows’ chart pattern is discovered. The candles form ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00066 |
| 2nd High | 0.00064 |
| Next High | 0.00061 |
| Current Price | 0.000599000 |
| Next Low | 0.0006 |
| 2nd Low | 0.00058 |
| 3rd Low | 0.00057 |
0.00061 – 0.00064 – 0.00062 – 0.0006 – 0.00062 – 0.00058 —
0.000611000 – 0.000605000 —
38.86507525421 – 37.269692635348 —
– —
0.00061 – 1778353200
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – – –