The currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the descending trendline down.
A continuation of the bearish trend downwards to the next support level at will continue.
Caution: A possible change in the direction of the resistance line at 0.00044 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The pair is likely to go down.
Besides a ‘Bearish Engulfing’ candlestick chart pattern is existing. The chart shows ‘Bearish Engulfing’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00046 |
| 2nd High | 0.00045 |
| Next High | 0.00044 |
| Current Price | 0.000428000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.00044 – 0.00044 – 0.00045 – 0.00042 – 0.00043 – 0.00042 —
0.000434000 – 0.000431000 —
39.373760506665 – 42.424499785456 —
– —
0.00044 – 1771389000
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bearish Engulfing – – –