Sell BOME/USDT – 4H – SELL

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

A descent down to the next support line at 0.00037 is certain.

Caution: A possible counter-trend in the direction of the resistance level at 0.00088 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Two Crows’ candlestick chart pattern is existing. The chart shows ‘Two Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.001
2nd High 0.00099
Next High 0.00088
Current Price 0.000572000
Next Low 0.00037
2nd Low 0.00036
3rd Low 0.00035

0.00063 – 0.00046 – 0.00041 – 0.00037 – 0.00036 – 0.00036 —
0.000545000 – 0.000807000 —
54.719628595709 – 84.157557326036 —
– —
0.00063 – 1776355200

Trading Signals:

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