BOME/USDT – 30M – SELLThe combination BOOK OF MEME/Tether (BOME/USDT) moves from the descending trendline down.
A continuation of the bearish trend down to the next support line at 0.005479000 is likely expected.
Caution: A possible change in the direction of the resistance zone at 0.005744000 should be noted.
Consider stop-loss settings accordingly.
Moreover a ‘Tweezers Top’ candlestick chart pattern is existing. The chart shows ‘Tweezers Top’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.007202000 |
| 2nd High | 0.006922000 |
| Next High | 0.005744000 |
| Current Price | 0.005626000 |
| Next Low | 0.005479000 |
| 2nd Low | 0.005453000 |
| 3rd Low |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Tweezers Top