Sell BOME/USDT – 30M – SELL

The combination BOOK OF MEME/Tether (BOME/USDT) moves from the bullish trendline downwards

A descent downwards to the next support line at 0.002243000 is certain.

Caution: A possible change in the direction of the resistance zone at 0.002459000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which could be a negative signal. The pair is likely to go down.

And also a ‘Last Engulfing Top’ candlestick chart pattern is detected. The candles form ‘Last Engulfing Top’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Last Engulfing Top’ going down is 68% (Bull Market) & 67% (Bear Market).

Support & Resistance Price Range*
3rd High 0.002794000
2nd High 0.002490000
Next High 0.002459000
Current Price 0.002414000
Next Low 0.002243000
2nd Low 0.002096000
3rd Low 0.002078000

0.002459000 – 0.002370000 – 0.002410000 – 0.002243000 – 0.002096000 – 0.002201000

Trading Signals:

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