The currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the bullish trendline down.
A bearish movement downwards to the next support level at 0.006163000 is expected.
Caution: A possible change in the direction of the resistance line at 0.006549000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Bearish Harami’ candle chart pattern is existing. The chart shows ‘Bearish Harami’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.006881000 |
2nd High | 0.006750000 |
Next High | 0.006549000 |
Current Price | 0.006354000 |
Next Low | 0.006163000 |
2nd Low | 0.006049000 |
3rd Low | 0.006003000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bearish Harami