BOME/USDT – 1H – SELLThe currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the ascending trendline down.
A bearish movement downwards to the next support level at 0.006786000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.007202000 could happen.
Consider stop-loss settings accordingly.
And also a ‘Three Outside Down’ chart pattern is found. The candles show ‘Three Outside Down’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.008454000 |
| 2nd High | 0.008282000 |
| Next High | 0.007202000 |
| Current Price | 0.006374000 |
| Next Low | 0.006786000 |
| 2nd Low | 0.006715000 |
| 3rd Low | 0.006520000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Outside Down