BOME/USDT – 1H – SELLThe pair BOOK OF MEME/Tether (BOME/USDT) jumps from the ascending trendline down.
A bearish trend downwards to the next support at 0.006163000 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.006549000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Bearish Harami’ chart pattern is detected. The candles show ‘Bearish Harami’. 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 Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.006881000 |
| 2nd High | 0.006750000 |
| Next High | 0.006549000 |
| Current Price | 0.006240000 |
| Next Low | 0.006163000 |
| 2nd Low | 0.006049000 |
| 3rd Low | 0.006003000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bearish Harami