BOME/USDT – 30M – SELLThe currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the bullish trendline down.
A descending movement down to the next support level at 0.006589000 will continue.
Caution: A possible change in the direction of the resistance level at 0.006759000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Bearish Engulfing’ candlestick pattern is existing. The candles form ‘Bearish Engulfing’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.008282000 |
| 2nd High | 0.006881000 |
| Next High | 0.006759000 |
| Current Price | 0.006639000 |
| Next Low | 0.006589000 |
| 2nd Low | 0.006178000 |
| 3rd Low | 0.006008000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bearish Engulfing