Buy BOME/USDT – 1H – BUY

The pair BOOK OF MEME/Tether (BOME/USDT) goes from the bearish trendline down.

A continuation of the downward movement downwards to the next support line at 0.006715000 is certain.

Caution: A possible counter-trend in the direction of resistance at 0.007099000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Shooting Star’ candle chart pattern is found. The candles show ‘Shooting Star’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Shooting Star’ heading down is 59% (Bull Market) & 60% (Bear Market).

Support & Resistance Price Range*
3rd High 0.008454000
2nd High 0.008282000
Next High 0.007099000
Current Price 0.007004000
Next Low 0.006715000
2nd Low 0.006520000
3rd Low 0.006178000

Download BOME/USDT Signal Image

Trading Signals:

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