BOME/USDT – 4H – SELL

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

A continuation of the downward movement down to the next support level at 0.001779000 is certain.

Caution: A possible counter-trend in the direction of the resistance zone at 0.002250000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.

Also there is a ‘Three Black Crows’ candle chart pattern is found. The chart forms ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

0.002250000 – 0.002034000 – 0.001848000 – 0.001779000 – 0.001650000 – 0.001651000 — 40.94036970501 – 37.976461935592

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – Double top chart pattern – –