BOME/USDT – 30M – SELLThe currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the descending trendline down.
A continuation of the downward movement downwards to the next support at 0.006008000 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 0.006490000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Last Engulfing Top’ candle pattern is found. The candles show ‘Last Engulfing Top’. 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 ‘Last Engulfing Top’ going down is 68% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.006549000 |
| 2nd High | 0.006511000 |
| Next High | 0.006490000 |
| Current Price | 0.006379000 |
| 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