Sell BOME/USDT – 1H – SELL

The combination BOOK OF MEME/Tether (BOME/USDT) moves from the descending trendline down.

A continuation of the downward movement down to the next support line at 0.007805000 is considered certain.

Caution: A possible counter-trend in the direction of resistance at 0.008282000 should always be considered.
Consider stop-loss settings accordingly.

Then a ‘Three Black Crows’ candlestick pattern is discovered. The candles show ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.008984000
2nd High 0.008454000
Next High 0.008282000
Current Price 0.006311000
Next Low 0.007805000
2nd Low 0.007379000
3rd Low 0.006731000

Download BOME/USDT Signal Image

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