Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 0.009968736 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance line at 0.010529000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Bullish Engulfing’ candle chart pattern is found. The chart forms ‘Bullish Engulfing’. this is a bullish 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’ heading up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.011167000 |
2nd High | 0.010537000 |
Next High | 0.010529000 |
Current Price | 0.009828000 |
Next Low | 0.008500000 |
2nd Low | 0.008155000 |
3rd Low | 0.006731000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Engulfing