BOME/USDT – 30M – SELLThe pair BOOK OF MEME/Tether (BOME/USDT) moves from the descending trendline downwards
A continuation of the downtrend down to the next support line at 0.010138000 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.010713000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Bearish Engulfing’ candle chart pattern is existing. The candles show ‘Bearish Engulfing’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood 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 | 0.010254000 |
| Next Low | 0.010138000 |
| 2nd Low | 0.010067000 |
| 3rd Low | 0.009380000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bearish Engulfing