BOME/USDT – 30M – SELLThe currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the bullish trendline down.
A descending movement downwards to the next support at 0.008500000 is expected.
Caution: A possible change in the direction of the resistance level at 0.009323000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Bearish Engulfing’ candlestick chart pattern is found. The chart forms ‘Bearish Engulfing’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.010079000 |
| 2nd High | 0.009764000 |
| Next High | 0.009323000 |
| Current Price | 0.008827000 |
| Next Low | 0.008500000 |
| 2nd Low | 0.008211000 |
| 3rd Low | 0.008155000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bearish Engulfing