BOME/USDT – 30M – SELLThe combination BOOK OF MEME/Tether (BOME/USDT) jumps from the descending trendline down.
A continuation of the bearish trend downwards to the next support line at 0.010067000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.010713000 could occur.
Consider stop-loss settings accordingly.
Besides a ‘Bearish Engulfing’ candle pattern is existing. The candles show ‘Bearish Engulfing’. which 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 chance of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.011250000 |
| 2nd High | 0.011167000 |
| Next High | 0.010713000 |
| Current Price | 0.010041000 |
| Next Low | 0.010067000 |
| 2nd Low | 0.009380000 |
| 3rd Low | 0.009209000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bearish Engulfing