BOME/USDT – 4H – SELLThe currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the bullish trendline down.
A bearish movement downwards to the next support at 0.008910000 is certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.011167000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Bearish Engulfing’ candle chart pattern is discovered. The chart forms ‘Bearish Engulfing’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.012595000 |
| 2nd High | 0.011250000 |
| Next High | 0.011167000 |
| Current Price | 0.009465000 |
| Next Low | 0.008910000 |
| 2nd Low | 0.006731000 |
| 3rd Low | 0.005957000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bearish Engulfing