Sell BOME/USDT – 1H – SELL

The currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the bullish trendline down.

A bearish movement downwards to the next support level at 0.006163000 is expected.

Caution: A possible change in the direction of the resistance line at 0.006549000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Bearish Harami’ candle chart pattern is existing. The chart shows ‘Bearish Harami’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood 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 0.006354000
Next Low 0.006163000
2nd Low 0.006049000
3rd Low 0.006003000

Download BOME/USDT Signal Image

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