Sell BOME/USDT – 30M – SELL

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

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