BOME/USDT – 30M – SELLThe pair BOOK OF MEME/Tether (BOME/USDT) jumps from the descending trendline downwards
A continuation of the downtrend downwards to the next support line at 0.00056 is expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.00059 should always be considered.
Consider stop-loss settings accordingly.
Next a ‘ ‘ indicator signal is existing. The indicator shows ‘ ‘. this is usually a bearish chart scenario. The pair is likely to go down.
Next a ‘Bearish Engulfing’ chart pattern is detected. The chart shows ‘Bearish Engulfing’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00062 |
| 2nd High | 0.0006 |
| Next High | 0.00059 |
| Current Price | 0.000569000 |
| Next Low | 0.00056 |
| 2nd Low | 0.00054 |
| 3rd Low | 0.00052 |
0.00059 – 0.0006 – 0.00062 – 0.00056 – 0.00058 – 0.00058 —
0.000568000 – 0.000587000 —
33.31796978152 – 65.48515423118 —
– —
0.00059 – 1769464800
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bearish Engulfing – – –