The combination BOOK OF MEME/Tether (BOME/USDT) goes from the descending trendline downwards
A continuation of the bearish trend downwards to the next support level at 0.00042 is considered certain.
Caution: A possible change in the direction of the resistance line at 0.000427500 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Two Crows’ candle pattern is discovered. The candles show ‘Two Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.00043 |
| Next High | 0.000427500 |
| Current Price | 0.000424200 |
| Next Low | 0.00042 |
| 2nd Low | 0.00041 |
| 3rd Low | 0.0004 |
0.000427500 – 0.00043 – 0.00043 – 0.00042 – 0.00041 – 0.0004 —
0.000427500 – 0.000424900 —
56.579886473258 – 57.251566081096 —
0.000427500 – 1784140200 —
– 1784140200
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –