BOME/USDT – 30M – SELL

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

A bearish trend down to the next support level at 0.006121000 will continue.

Caution: A possible reversal of the trend in the direction of resistance at 0.006678000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 0.006190892 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of support at 0.006678000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three Black Crows’ chart pattern is detected. The chart forms ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

Download BOME/USDT Signal Image

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows