BOME/USDT – 30M – SELLThe combination BOOK OF MEME/Tether (BOME/USDT) jumps from the bearish trendline down.
A continuation of the downtrend downwards to the next support line at 0.006163000 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 0.006549000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Bearish Engulfing’ candle chart pattern is discovered. The chart forms ‘Bearish Engulfing’. 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 ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.006881000 |
| 2nd High | 0.006750000 |
| Next High | 0.006549000 |
| Current Price | 0.006313000 |
| Next Low | 0.006163000 |
| 2nd Low | 0.006121000 |
| 3rd Low | 0.006049000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bearish Engulfing