The combination BOOK OF MEME/Tether (BOME/USDT) jumps from the bearish trendline downwards
A continuation of the downtrend downwards to the next support line at 0.00049 is considered certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.00054 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Last Engulfing Bottom:’ candlestick pattern is detected. The candles form ‘Last Engulfing Bottom:’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Last Engulfing Bottom:’ heading down is 65% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00066 |
| 2nd High | 0.00056 |
| Next High | 0.00054 |
| Current Price | 0.000506000 |
| Next Low | 0.00049 |
| 2nd Low | 0.00048 |
| 3rd Low | 0.00041 |
0.00054 – 0.00053 – 0.00056 – 0.00049 – 0.0005 – 0.0005 —
0.000515000 – 0.000510000 —
52.649380582282 – 46.9030900743 —
– —
0.00054 – 1777258800
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Last Engulfing Bottom: – – –