Sell BOME/USDT – 1H – SELL

The currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the ascending trendline down.

A descent down to the next support line at 0.006008000 is expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.007202000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three Black Crows’ chart pattern is found. The chart shows ‘Three Black Crows’. this is a bearish chart scenario. The 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%.

Support & Resistance Price Range*
3rd High 0.008454000
2nd High 0.008282000
Next High 0.007202000
Current Price 0.006150000
Next Low 0.006008000
2nd Low 0.006003000
3rd Low 0.005971000

Download BOME/USDT Signal Image

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