BOME/USDT – 1H – SELLThe currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the descending trendline downwards
A continuation of the downward movement down to the next support at 0.007379000 will persist.
Caution: A possible trend reversal in the direction of resistance at 0.008984000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Three Line Strike – Bearish’ candlestick pattern is detected. The chart shows ‘Three Line Strike – Bearish’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Line Strike – Bearish’ heading down is 84% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.012595000 |
| 2nd High | 0.011304000 |
| Next High | 0.008984000 |
| Current Price | 0.008415000 |
| Next Low | 0.007379000 |
| 2nd Low | 0.006731000 |
| 3rd Low |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Line Strike – Bearish