BOME/USDT – 30M – BUYThe currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the bullish trendline downwards
The bearish trend down to the next support at 0.006835000 will continue.
Caution: A possible change in the direction of the resistance zone at 0.006985000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Inverted Hammer’ candlestick chart pattern is existing. The candles show ‘Inverted Hammer’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Inverted Hammer’ heading up is 65% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.008282000 |
| 2nd High | 0.007099000 |
| Next High | 0.006985000 |
| Current Price | 0.006957000 |
| Next Low | 0.006835000 |
| 2nd Low | 0.006715000 |
| 3rd Low | 0.006520000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Inverted Hammer