BOME/USDT – 30M – SELLThe pair BOOK OF MEME/Tether (BOME/USDT) goes from the bullish trendline downwards
A descent down to the next support at 0.006083000 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 0.006490000 could be enabled.
Consider stop-loss settings accordingly.
Then a ‘Bearish Engulfing’ candle chart pattern is detected. The chart shows ‘Bearish Engulfing’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.006549000 |
| 2nd High | 0.006511000 |
| Next High | 0.006490000 |
| Current Price | 0.006120000 |
| Next Low | 0.006083000 |
| 2nd Low | 0.006049000 |
| 3rd Low | 0.006003000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bearish Engulfing