Sell BOME/USDT – 4H – SELL

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

A descending movement down to the next support at 0.00044 is expected.

Caution: A possible counter-trend in the direction of the resistance zone at 0.0005 could occur.
Consider stop-loss settings accordingly.

Furthermore a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.

Furthermore a ‘Three Black Crows’ candlestick chart pattern is found. The chart shows ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. 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 0.00062
2nd High 0.00051
Next High 0.0005
Current Price 0.000436000
Next Low 0.00044
2nd Low 0.00037
3rd Low 0.00035

0.0005 – 0.00046 – 0.00044 – 0.00044 – 0.00037 – 0.00035 —
0.000505000 – 0.000481000 —
74.589487475441 – 58.189569737739 —
– —
0.0005 – 1773403200

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