The combination BOOK OF MEME/Tether (BOME/USDT) jumps from the ascending trendline down.
A descending movement downwards to the next support at will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 0.006922000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Bearish Belt Hold’ candle chart pattern is existing. The candles show ‘Bearish Belt Hold’. this is a bearish signal. The currency pair is likely to go down. 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 | 0.007202000 |
Next High | 0.006922000 |
Current Price | 0.005610000 |
Next Low | |
2nd Low | |
3rd Low |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bearish Belt Hold