Sell BOME/USDT – 1H – SELL

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

A bearish trend downwards to the next support level at 0.009380000 is likely expected.

Caution: A possible counter-trend in the direction of the resistance level at 0.010537000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Three Black Crows’ candlestick pattern is existing. The candles show ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.011250000
2nd High 0.011167000
Next High 0.010537000
Current Price 0.009703000
Next Low 0.009380000
2nd Low 0.009209000
3rd Low 0.008714000

Download BOME/USDT Signal Image

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