BOME/USDT – 30M – SELLThe combination BOOK OF MEME/Tether (BOME/USDT) goes from the ascending trendline down.
A bearish descent down to the next support at 0.001926000 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.001983000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Last Engulfing Top’ candle chart pattern is detected. The candles show ‘Last Engulfing Top’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Last Engulfing Top’ going down is 68% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002038000 |
| 2nd High | 0.001995000 |
| Next High | 0.001983000 |
| Current Price | 0.001965000 |
| Next Low | 0.001926000 |
| 2nd Low | 0.001918000 |
| 3rd Low | 0.001867000 |
0.001983000 – 0.001964000 – 0.001905000 – 0.001926000 – 0.001918000 – 0.001921000 — 61.525596602051 – 51.751324945243
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Last Engulfing Top – – –