Sell BOME/USDT – 1H – SELL

The combination BOOK OF MEME/Tether (BOME/USDT) jumps from the bearish trendline downwards

A continuation of the downtrend downwards to the next support line at 0.00049 is considered certain.

Caution: A possible trend reversal in the direction of the resistance zone at 0.00054 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Last Engulfing Bottom:’ candlestick pattern is detected. The candles form ‘Last Engulfing Bottom:’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Last Engulfing Bottom:’ heading down is 65% (Bull Market) & 67% (Bear Market).

Support & Resistance Price Range*
3rd High 0.00066
2nd High 0.00056
Next High 0.00054
Current Price 0.000506000
Next Low 0.00049
2nd Low 0.00048
3rd Low 0.00041

0.00054 – 0.00053 – 0.00056 – 0.00049 – 0.0005 – 0.0005 —
0.000515000 – 0.000510000 —
52.649380582282 – 46.9030900743 —
– —
0.00054 – 1777258800

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals