The currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the ascending trendline downwards
A bearish movement down to the next support at 0.005755000 will persist.
Caution: A possible change in the direction of resistance at 0.006922000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Bearish Harami’ candle chart pattern is detected. The candles show ‘Bearish Harami’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.008282000 |
2nd High | 0.007202000 |
Next High | 0.006922000 |
Current Price | 0.005841000 |
Next Low | 0.005755000 |
2nd Low | |
3rd Low |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bearish Harami