BOME/USDT – 1H – SELLThe combination BOOK OF MEME/Tether (BOME/USDT) jumps from the ascending trendline down.
The bearish trend down to the next support line at 0.007915000 is expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.008454000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Three Black Crows’ chart pattern is detected. The candles show ‘Three Black Crows’. which is a negative 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 | 0.011304000 |
| 2nd High | 0.008984000 |
| Next High | 0.008454000 |
| Current Price | 0.007827000 |
| Next Low | 0.007915000 |
| 2nd Low | 0.007814000 |
| 3rd Low | 0.007379000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows