BOME/USDT – 30M – BUYThe combination BOOK OF MEME/Tether (BOME/USDT) moves from the ascending trendline down.
The bearish trend downwards to the next support level at 0.005755000 is considered certain.
Caution: A possible trend reversal in the direction of resistance at 0.006922000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Bullish Engulfing’ candle pattern is detected. The candles form ‘Bullish Engulfing’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.008282000 |
| 2nd High | 0.007202000 |
| Next High | 0.006922000 |
| Current Price | 0.005851000 |
| Next Low | 0.005755000 |
| 2nd Low | |
| 3rd Low |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Engulfing