Sell BOME/USDT – 1H – SELL

The currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the bearish trendline downwards

A continuation of the downward movement downwards to the next support level at is considered certain.

Caution: A possible change in the direction of the resistance level at 0.005820000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Three Black Crows’ chart pattern is detected. The candles form ‘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 success rate of a ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.008282000
2nd High 0.007202000
Next High 0.005820000
Current Price 0.005002000
Next Low
2nd Low
3rd Low

Download BOME/USDT Signal Image

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