BOME/USDT – 30M – SELLThe currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the descending trendline downwards
A continuation of the downtrend down to the next support line at 0.006520000 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.007082000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Bearish Belt Hold’ candlestick chart pattern is discovered. The candles show ‘Bearish Belt Hold’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.008282000 |
| 2nd High | 0.007099000 |
| Next High | 0.007082000 |
| Current Price | 0.006950000 |
| Next Low | 0.006520000 |
| 2nd Low | 0.006178000 |
| 3rd Low | 0.006008000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bearish Belt Hold