Sell BOME/USDT – 30M – SELL

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

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