Sell BOME/USDT – 1H – SELL

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

A continuation of the bearish trend downwards to the next support level at 0.006049000 is considered certain.

Caution: A possible change in the direction of the resistance level at 0.006750000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Two Crows’ chart pattern is existing. The chart forms ‘Two Crows’. this is a bearish 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 ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.008282000
2nd High 0.006881000
Next High 0.006750000
Current Price 0.006401000
Next Low 0.006049000
2nd Low 0.006003000
3rd Low 0.005971000

Download BOME/USDT Signal Image

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals