Sell BOME/USDT – 30M – SELL

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

A continuation of the bearish trend down to the next support at 0.008714000 will persist.

Caution: A possible change in the direction of the resistance level at 0.010078000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will persist. Current target is 0.009173 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 0.010078000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three Black Crows’ candle chart pattern is existing. The candles show ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.010537000
2nd High 0.010079000
Next High 0.010078000
Current Price 0.008967000
Next Low 0.008714000
2nd Low 0.008311000
3rd Low 0.007731000

Download BOME/USDT Signal Image

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals