The combination BOOK OF MEME/Tether (BOME/USDT) goes from the ascending trendline down.
A bearish movement downwards to the next support line at 0.009926000 is certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.010537000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Bearish Engulfing’ candlestick pattern is detected. The candles form ‘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 chance of ‘Bearish Engulfing’ going down is 79%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.011167000 |
2nd High | 0.010713000 |
Next High | 0.010537000 |
Current Price | 0.009873000 |
Next Low | 0.009926000 |
2nd Low | 0.009380000 |
3rd Low | 0.009209000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bearish Engulfing