The currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the ascending trendline downwards
A bearish movement down to the next support line at 0.006786000 will persist.
Caution: A possible counter-trend in the direction of the resistance level at 0.007202000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Bearish Harami’ candle pattern is detected. The candles form ‘Bearish Harami’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.008454000 |
2nd High | 0.008282000 |
Next High | 0.007202000 |
Current Price | 0.006876000 |
Next Low | 0.006786000 |
2nd Low | 0.006715000 |
3rd Low | 0.006520000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bearish Harami