The pair BOOK OF MEME/Tether (BOME/USDT) moves from the ascending trendline down.
A bearish descent down to the next support at 0.000530000 will continue.
Caution: A possible change in the direction of the resistance line at 0.00063 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Bearish Engulfing’ candle chart pattern is discovered. The chart forms ‘Bearish Engulfing’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00067 |
| 2nd High | 0.00064 |
| Next High | 0.00063 |
| Current Price | 0.000615000 |
| Next Low | 0.000530000 |
| 2nd Low | 0.00048 |
| 3rd Low | 0.00047 |
0.00061 – 0.00055 – 0.00054 – 0.000530000 – 0.00048 – 0.00049 —
0.000807000 – 0.000626000 —
83.933965859949 – 54.591526621476 —
0.000530000 – 1776612600 —
0.00061 – 1776580200
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bearish Engulfing – – –