BOME/USDT – 30M – SELL

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

A descending movement down to the next support line at 0.009100000 will persist.

Caution: A possible trend reversal in the direction of resistance at 0.010127000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.009173434 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of support at 0.010127000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three Black Crows’ candlestick pattern is found. The candles form ‘Three Black Crows’. which is a negative 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%.

Download BOME/USDT Signal Image

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