The currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the bearish trendline down.
A continuation of the downtrend downwards to the next support level at will continue.
Caution: A possible change in the direction of the resistance zone at 0.00042 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The currency pair is likely to fall.
Additionally a ‘Two Crows’ chart pattern is discovered. The candles form ‘Two Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00045 |
| 2nd High | 0.00043 |
| Next High | 0.00042 |
| Current Price | 0.000414800 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.00042 – 0.00042 – 0.00042 – 0.00041 – 0.00041 – 0.00041 —
0.000418600 – 0.000418500 —
57.123339886883 – 51.201904631744 —
– —
0.00042 – 1783650600
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Two Crows – – –