BOME/USDT – 30M – SELL

The pair BOOK OF MEME/Tether (BOME/USDT) moves from the ascending trendline down.

A bearish movement down to the next support at 0.009495000 will continue.

Caution: A possible trend reversal in the direction of the resistance zone at 0.012595000 is also possible.
Consider stop-loss settings accordingly.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 0.009886444 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support level at 0.012595000 is also possible.
Consider stop-loss settings accordingly.

Also there is a ‘Three Black Crows’ candle pattern is detected. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

Download BOME/USDT Signal Image

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows