BOME/USDT – 30M – SELLThe combination BOOK OF MEME/Tether (BOME/USDT) goes from the descending trendline down.
A continuation of the bearish trend down to the next support level at is considered certain.
Caution: A possible change in the direction of resistance at 0.00072 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The pair is likely to go down.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 0.0006807 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 0.00072 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Three Black Crows’ candle pattern is discovered. 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’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00079 |
| 2nd High | 0.00073 |
| Next High | 0.00072 |
| Current Price | 0.000685000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.00072 – 0.00071 – 0.00071 – 0.00067 – 0.00067 – 0.00069 — 50.526654332922 – 46.698057820686 — 82.455484995642 – 63.912339683726 – 92.89420163533 – 80.864981529905
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –