BOME/USDT – 1H – SELLThe pair BOOK OF MEME/Tether (BOME/USDT) jumps from the descending trendline down.
A continuation of the bearish trend down to the next support level at 0.00064 is considered certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.00069 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Three Black Crows’ candle pattern is found. The candles form ‘Three Black Crows’. which is a bearish chart scenario. 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%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00076 |
| 2nd High | 0.00074 |
| Next High | 0.00069 |
| Current Price | 0.000674000 |
| Next Low | 0.00064 |
| 2nd Low | 0.00052 |
| 3rd Low | 0.00037 |
0.00069 – 0.00069 – 0.00074 – 0.00064 – 0.00066 – 0.00067 — 46.168859260243 – 45.348706270723 — 35.673313302376 – 2.339979969043 – 57.826285564886 – 33.244056135272
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – – –