Sell BOME/USDT – 30M – SELL

The currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the ascending trendline downwards

A descent downwards to the next support level at 0.006786000 is likely expected.

Caution: A possible counter-trend in the direction of the resistance zone at 0.007202000 is within the realm of possibility.
Consider stop-loss settings accordingly.

Then a ‘Tweezers Top’ candle pattern is detected. The chart shows ‘Tweezers Top’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

Support & Resistance Price Range*
3rd High 0.008454000
2nd High 0.008282000
Next High 0.007202000
Current Price 0.006872000
Next Low 0.006786000
2nd Low 0.006715000
3rd Low 0.006520000

Download BOME/USDT Signal Image

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