BOME/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support at 0.008643000 is certain.

Caution: A possible change in the direction of resistance at 0.009217000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 0.008643 at the Fibonacci level 0-Level. Caution: A possible change in the direction of support at 0.009217000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Three Black Crows’ candlestick chart pattern is found. The candles form ‘Three Black Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

Download BOME/USDT Signal Image

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