BOME/USDT – 1H – BUYThe pair BOOK OF MEME/Tether (BOME/USDT) moves from the ascending trendline downwards
The bearish trend down to the next support line at 0.006008000 is expected.
Caution: A possible counter-trend in the direction of resistance at 0.007202000 should be noted.
Consider stop-loss settings accordingly.
Besides a ‘Bullish Engulfing’ chart pattern is existing. The chart forms ‘Bullish Engulfing’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.008454000 |
| 2nd High | 0.008282000 |
| Next High | 0.007202000 |
| Current Price | 0.006127000 |
| Next Low | 0.006008000 |
| 2nd Low | 0.006003000 |
| 3rd Low | 0.005971000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Engulfing