The combination BOOK OF MEME/Tether (BOME/USDT) jumps from the bullish trendline down.
A descent downwards to the next support at 0.006715000 is likely expected.
Caution: A possible change in the direction of the resistance line at 0.006985000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Bearish Harami Cross’ candle pattern is detected. The candles form ‘Bearish Harami Cross’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami Cross’ going down is 57% (Bull Market) & 56% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.008282000 |
2nd High | 0.007099000 |
Next High | 0.006985000 |
Current Price | 0.006963000 |
Next Low | 0.006715000 |
2nd Low | 0.006520000 |
3rd Low | 0.006178000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bearish Harami Cross