Sell BOME/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support line at 0.010222000 is expected.

Caution: A possible counter-trend in the direction of the resistance level at 0.011100000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Three Black Crows’ chart pattern is existing. The candles form ‘Three Black Crows’. this is a bearish pattern 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 0.011100000
Current Price 0.010443000
Next Low 0.010222000
2nd Low 0.009380000
3rd Low 0.009209000

Download BOME/USDT Signal Image

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