BOME/USDT – 30M – SELLThe pair BOOK OF MEME/Tether (BOME/USDT) jumps from the bearish trendline downwards
A continuation of the bearish trend down to the next support at 0.001792000 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.001953000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Last Engulfing Top’ candle chart pattern is existing. The chart forms ‘Last Engulfing Top’. 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 likelyhood of ‘Last Engulfing Top’ going down is 68% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002034000 |
| 2nd High | 0.002031000 |
| Next High | 0.001953000 |
| Current Price | 0.001820000 |
| Next Low | 0.001792000 |
| 2nd Low | 0.001739000 |
| 3rd Low | 0.001691000 |
0.001953000 – 0.002031000 – 0.002025000 – 0.001792000 – 0.001853000 – 0.001884000 — 41.837441544155 – 39.476466593285
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Last Engulfing Top – – –