BOME/USDT – 1H – SELLThe combination BOOK OF MEME/Tether (BOME/USDT) moves from the ascending trendline downwards
A descending movement downwards to the next support at 0.005971000 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 0.007202000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Three Black Crows’ candlestick pattern is detected. The candles form ‘Three Black Crows’. this is a bearish signal. The currency 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 | 0.008454000 |
| 2nd High | 0.008282000 |
| Next High | 0.007202000 |
| Current Price | 0.005978000 |
| Next Low | 0.005971000 |
| 2nd Low | |
| 3rd Low |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows