BOME/USDT – 1H – SELLThe pair BOOK OF MEME/Tether (BOME/USDT) moves from the ascending trendline downwards
The bearish trend downwards to the next support level at 0.006178000 will continue.
Caution: A possible trend reversal in the direction of the resistance level at 0.006643000 should always be considered.
Consider stop-loss settings accordingly.
Besides a ‘Last Engulfing Top’ candle pattern is found. The chart shows ‘Last Engulfing Top’. 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 ‘Last Engulfing Top’ going down is 68% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.006881000 |
| 2nd High | 0.006750000 |
| Next High | 0.006643000 |
| Current Price | 0.006662000 |
| Next Low | 0.006178000 |
| 2nd Low | 0.006008000 |
| 3rd Low | 0.006003000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Last Engulfing Top