The pair BOOK OF MEME/Tether (BOME/USDT) jumps from the ascending trendline downwards
A descending movement downwards to the next support level at 0.006008000 will continue.
Caution: A possible trend reversal in the direction of resistance at 0.007202000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Bearish Harami’ candlestick chart pattern is existing. The candles form ‘Bearish Harami’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.008454000 |
2nd High | 0.008282000 |
Next High | 0.007202000 |
Current Price | 0.006076000 |
Next Low | 0.006008000 |
2nd Low | 0.006003000 |
3rd Low | 0.005971000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bearish Harami