BOME/USDT – 30M – SELLThe pair BOOK OF MEME/Tether (BOME/USDT) moves from the bullish trendline down.
A bearish descent down to the next support level at 0.006589000 is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.006759000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Bearish Belt Hold’ candle chart pattern is found. The chart shows ‘Bearish Belt Hold’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.008282000 |
| 2nd High | 0.006881000 |
| Next High | 0.006759000 |
| Current Price | 0.006636000 |
| Next Low | 0.006589000 |
| 2nd Low | 0.006178000 |
| 3rd Low | 0.006008000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bearish Belt Hold