BOME/USDT – 30M – SELL

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

A continuation of the bearish trend downwards to the next support level at 0.007731000 will persist.

Caution: A possible reversal of the trend in the direction of resistance at 0.009217000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.008643 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.009217000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three Black Crows’ candle pattern is discovered. The chart forms ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to go down. 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