BOME/USDT – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 0.006379 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support line at 0.006549000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Last Engulfing Top’ candlestick chart pattern is discovered. The candles form ‘Last Engulfing Top’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Last Engulfing Top’ going down is 68% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.006881000 |
| 2nd High | 0.006750000 |
| Next High | 0.006549000 |
| Current Price | 0.006515000 |
| Next Low | 0.006008000 |
| 2nd Low | 0.006003000 |
| 3rd Low | 0.005971000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Last Engulfing Top