The currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the bullish trendline down.
A bearish movement down to the next support level at 0.006083000 will persist.
Caution: A possible trend reversal in the direction of resistance at 0.006490000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Besides a ‘Tweezers Top’ candle pattern is detected. The chart shows ‘Tweezers Top’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.006549000 |
2nd High | 0.006511000 |
Next High | 0.006490000 |
Current Price | 0.006112000 |
Next Low | 0.006083000 |
2nd Low | 0.006049000 |
3rd Low | 0.006003000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Tweezers Top