Sell BOME/USDT – 1H – SELL

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

A bearish descent downwards to the next support level at is certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.007202000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Black Crows’ candlestick pattern is found. The chart shows ‘Three Black Crows’. which is a bearish signal. 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 0.007202000
Current Price 0.005635000
Next Low
2nd Low
3rd Low

Download BOME/USDT Signal Image

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