Sell BOME/USDT – 30M – SELL

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

A descent down to the next support line at 0.006008000 is likely expected.

Caution: A possible change in the direction of the resistance zone at 0.006922000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Three Inside Down’ candle pattern is detected. The candles show ‘Three Inside Down’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).

Support & Resistance Price Range*
3rd High 0.008282000
2nd High 0.007202000
Next High 0.006922000
Current Price 0.006059000
Next Low 0.006008000
2nd Low 0.006003000
3rd Low 0.005971000

Download BOME/USDT Signal Image

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