BOME/USDT – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.009058412 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of support at 0.010079000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Bearish Engulfing’ candlestick chart pattern is existing. The candles show ‘Bearish Engulfing’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.010127000 |
| 2nd High | 0.010105000 |
| Next High | 0.010079000 |
| Current Price | 0.009329000 |
| Next Low | 0.008724000 |
| 2nd Low | 0.008714000 |
| 3rd Low | 0.008311000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bearish Engulfing