The currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline upwards
A bullish movement up to the next resistance at 0.006490000 is expected.
Caution: A possible counter-trend in the direction of the support level at 0.006008000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Moreover a ‘Bearish Harami Cross’ candlestick chart pattern is existing. The chart shows ‘Bearish Harami Cross’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami Cross’ heading down is 57% (Bull Market) & 56% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.006549000 |
2nd High | 0.006511000 |
Next High | 0.006490000 |
Current Price | 0.006468000 |
Next Low | 0.006008000 |
2nd Low | 0.006003000 |
3rd Low | 0.005971000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bearish Harami Cross