BOME/USDT – 30M – SELLThe combination BOOK OF MEME/Tether (BOME/USDT) jumps from the ascending trendline down.
A bearish trend downwards to the next support line at 0.002233000 will persist.
Caution: A possible change in the direction of the resistance zone at 0.002473000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.
And also a ‘Last Engulfing Top’ candle pattern is found. The candles form ‘Last Engulfing Top’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Last Engulfing Top’ heading down is 68% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002818000 |
| 2nd High | 0.002794000 |
| Next High | 0.002473000 |
| Current Price | 0.002415000 |
| Next Low | 0.002233000 |
| 2nd Low | 0.002078000 |
| 3rd Low | 0.001717000 |
0.002473000 – 0.002355000 – 0.002034000 – 0.002233000 – 0.002078000 – 0.001717000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Last Engulfing Top – Triple bottom chart pattern