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
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bearish Harami