Sell BOME/USDT – 1H – SELL

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

A descent downwards to the next support at 0.009296000 will persist.

Caution: A possible counter-trend in the direction of the resistance line at 0.011167000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

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

Support & Resistance Price Range*
3rd High 0.012595000
2nd High 0.011250000
Next High 0.011167000
Current Price 0.010635000
Next Low 0.009296000
2nd Low 0.008500000
3rd Low 0.008155000

Download BOME/USDT Signal Image

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