BOME/USDT – 30M – SELLThe pair BOOK OF MEME/Tether (BOME/USDT) jumps from the ascending trendline downwards
The bearish trend down to the next support level at 0.006589000 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 0.006759000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Last Engulfing Top’ candlestick pattern is detected. The chart shows ‘Last Engulfing Top’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Last Engulfing Top’ heading down is 68% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.008282000 |
| 2nd High | 0.006881000 |
| Next High | 0.006759000 |
| Current Price | 0.006688000 |
| Next Low | 0.006589000 |
| 2nd Low | 0.006178000 |
| 3rd Low | 0.006008000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Last Engulfing Top