The pair BOOK OF MEME/Tether (BOME/USDT) jumps from the bullish trendline downwards
A descending movement down to the next support line at 0.00047 is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.00063 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Bearish Engulfing’ candle pattern is found. The candles form ‘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 likelyhood of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00067 |
| 2nd High | 0.00064 |
| Next High | 0.00063 |
| Current Price | 0.000546000 |
| Next Low | 0.00047 |
| 2nd Low | 0.00041 |
| 3rd Low | 0.00038 |
0.00063 – 0.00053 – 0.00042 – 0.00047 – 0.00041 – 0.00041 —
0.000576000 – 0.000562000 —
59.417067471378 – 56.992512261585 —
– —
0.00063 – 1776366000
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bearish Engulfing – – –