Sell BOME/USDT – 4H – SELL

The combination BOOK OF MEME/Tether (BOME/USDT) goes from the bearish trendline down.

A continuation of the downward movement down to the next support at 0.008500000 will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.011167000 should be noted.
Consider stop-loss settings accordingly.

Then a ‘Three Black Crows’ chart pattern is detected. The candles show ‘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 probability of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.012595000
2nd High 0.011250000
Next High 0.011167000
Current Price 0.010322000
Next Low 0.008500000
2nd Low 0.008155000
3rd Low 0.006731000

Download BOME/USDT Signal Image

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