BOME/USDT – 30M – BUY

The pair BOOK OF MEME/Tether (BOME/USDT) goes from the bullish trendline downwards

A descent downwards to the next support level at 0.006768000 is certain.

Caution: A possible change in the direction of the resistance line at 0.006985000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.006962356 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance line at 0.006985000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Bullish Engulfing’ candlestick chart pattern is discovered. The chart forms ‘Bullish Engulfing’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ heading up is 63%.

Download BOME/USDT Signal Image

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Engulfing