BOME/USDT – 1H – SELLThe pair BOOK OF MEME/Tether (BOME/USDT) goes from the descending trendline down.
A continuation of the bearish trend down to the next support at 0.009058000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.010127000 should be noted.
Consider stop-loss settings accordingly.
There is also a ‘Bearish Engulfing’ chart pattern is discovered. The candles form ‘Bearish Engulfing’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.010537000 |
| 2nd High | 0.010141000 |
| Next High | 0.010127000 |
| Current Price | 0.009696000 |
| Next Low | 0.009058000 |
| 2nd Low | 0.008910000 |
| 3rd Low | 0.008714000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bearish Engulfing