BOME/USDT – 30M – SELLThe combination BOOK OF MEME/Tether (BOME/USDT) moves from the bullish trendline down.
A descending movement downwards to the next support line at 0.009803000 is considered certain.
Caution: A possible trend reversal in the direction of resistance at 0.011260000 should always be considered.
Consider stop-loss settings accordingly.
Next a ‘Bearish Engulfing’ chart pattern is found. The chart shows ‘Bearish Engulfing’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.012595000 |
| Next High | 0.011260000 |
| Current Price | 0.010788000 |
| Next Low | 0.009803000 |
| 2nd Low | 0.009296000 |
| 3rd Low | 0.008500000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bearish Engulfing