Sell BOME/USDT – 1H – SELL

The pair BOOK OF MEME/Tether (BOME/USDT) jumps from the bullish trendline down.

A descending movement down to the next support line at 0.006003000 is expected.

Caution: A possible change in the direction of the resistance zone at 0.006881000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three Black Crows’ candlestick pattern is detected. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.008454000
2nd High 0.008282000
Next High 0.006881000
Current Price 0.006126000
Next Low 0.006003000
2nd Low 0.005971000
3rd Low

Download BOME/USDT Signal Image

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