The pair BOOK OF MEME/Tether (BOME/USDT) goes from the ascending trendline downwards
A bearish descent down to the next support at 0.006008000 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.006643000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Bullish Belt Hold’ candle pattern is found. The candles show ‘Bullish Belt Hold’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.006881000 |
2nd High | 0.006750000 |
Next High | 0.006643000 |
Current Price | 0.006353000 |
Next Low | 0.006008000 |
2nd Low | 0.006003000 |
3rd Low | 0.005971000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Belt Hold