Sell BOME/USDT – 30M – SELL

The pair BOOK OF MEME/Tether (BOME/USDT) jumps from the ascending trendline downwards

A descending movement down to the next support level at 0.006768000 is expected.

Caution: A possible counter-trend in the direction of the resistance zone at 0.006985000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Three Outside Down’ chart pattern is existing. The chart shows ‘Three Outside Down’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 0.008282000
2nd High 0.007099000
Next High 0.006985000
Current Price 0.006875000
Next Low 0.006768000
2nd Low 0.006520000
3rd Low 0.006178000

Download BOME/USDT Signal Image

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