BOME/USDT – 1H – BUYNext a ‘Double bottom retreat down’ chart layout is found. The chart forms ‘Double bottom retreat down’. which is a negative signal. The currency pair is likely to go down.
Next a ‘Last Engulfing Top’ candle chart pattern is discovered. The candles show ‘Last Engulfing Top’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Last Engulfing Top’ heading down is 68% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002490000 |
| 2nd High | 0.002082000 |
| Next High | 0.002044000 |
| Current Price | 0.002017000 |
| Next Low | 0.001944000 |
| 2nd Low | 0.001931000 |
| 3rd Low | 0.001704000 |
0.002044000 – 0.002082000 – 0.002032000 – 0.001944000 – 0.001950000 – 0.001947000 — 54.910205654668 – 47.603342476562
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Last Engulfing Top – Double bottom retreat down – –