BOME/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support line at 0.008674000 is considered certain.

Caution: A possible change in the direction of the resistance line at 0.009695000 could occur.
Consider stop-loss settings accordingly.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 0.00875573 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 0.009695000 could occur.
Consider stop-loss settings accordingly.

Additionally a ‘Three Black Crows’ candlestick pattern is detected. The chart shows ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

Download BOME/USDT Signal Image

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