BOME/USDT – 30M – SELLThe currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the ascending trendline down.
A descent downwards to the next support at will continue.
Caution: A possible reversal of the trend in the direction of resistance at 0.006922000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Concealing Baby Swallow’ candle pattern is found. The chart forms ‘Concealing Baby Swallow’. 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 chance of ‘Concealing Baby Swallow’ heading down is 75% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.008282000 |
| 2nd High | 0.007202000 |
| Next High | 0.006922000 |
| Current Price | 0.005635000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Concealing Baby Swallow