The currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the bullish trendline downwards
A bearish trend down to the next support level at is likely expected.
Caution: A possible change in the direction of the resistance level at 0.006922000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Bullish Engulfing’ candlestick pattern is discovered. The chart forms ‘Bullish Engulfing’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ going up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.008282000 |
2nd High | 0.007202000 |
Next High | 0.006922000 |
Current Price | 0.005927000 |
Next Low | |
2nd Low | |
3rd Low |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Engulfing