Sell BOME/USDT – 4H – SELL

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

A continuation of the downtrend downwards to the next support level at 0.008910000 is certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.011167000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Three Black Crows’ chart pattern is detected. The chart forms ‘Three Black Crows’. this is a bearish chart scenario. 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%.

Support & Resistance Price Range*
3rd High 0.012595000
2nd High 0.011250000
Next High 0.011167000
Current Price 0.008350000
Next Low 0.008910000
2nd Low 0.006731000
3rd Low 0.005957000

Download BOME/USDT Signal Image

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