Sell BOME/USDT – 30M – SELL

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

A bearish descent downwards to the next support line at 0.006123000 is likely expected.

Caution: A possible counter-trend in the direction of resistance at 0.006511000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Bearish Harami’ candlestick pattern is existing. The chart forms ‘Bearish Harami’. which is a negative chart scenario. The 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 0.006750000
2nd High 0.006549000
Next High 0.006511000
Current Price 0.006223000
Next Low 0.006123000
2nd Low 0.006121000
3rd Low 0.006049000

Download BOME/USDT Signal Image

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