Sell BOME/USDT – 30M – SELL

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

A continuation of the downtrend down to the next support line at 0.008535000 will continue.

Caution: A possible counter-trend in the direction of resistance at 0.008984000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Black Crows’ candle chart pattern is discovered. The chart forms ‘Three Black Crows’. this 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 ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.010419000
2nd High 0.010076000
Next High 0.008984000
Current Price 0.008638000
Next Low 0.008535000
2nd Low 0.007911000
3rd Low 0.007379000

Download BOME/USDT Signal Image

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