BOME/USDT – 30M – SELL
The pair BOOK OF MEME/Tether (BOME/USDT) jumps from the descending trendline downwards
A continuation of the downward movement down to the next support at 0.008910000 is expected.
Caution: A possible trend reversal in the direction of resistance at 0.010078000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Three Line Strike – Bearish’ candlestick pattern is detected. The chart shows ‘Three Line Strike – Bearish’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Line Strike – Bearish’ going down is 84% (Bull Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.010537000 |
2nd High | 0.010079000 |
Next High | 0.010078000 |
Current Price | 0.009596000 |
Next Low | 0.008910000 |
2nd Low | 0.008714000 |
3rd Low | 0.008311000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Line Strike – Bearish