Sell BOME/USDT – 1H – SELL

The currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the bullish trendline down.

A descending movement downwards to the next support at 0.009209000 is certain.

Caution: A possible reversal of the trend in the direction of resistance at 0.012595000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Three Black Crows’ 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 probability of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High
2nd High
Next High 0.012595000
Current Price 0.010513000
Next Low 0.009209000
2nd Low 0.008714000
3rd Low 0.008311000

Download BOME/USDT Signal Image

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