Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 0.008534724 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.009323000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles show ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.010079000 |
2nd High | 0.009764000 |
Next High | 0.009323000 |
Current Price | 0.008903000 |
Next Low | 0.008500000 |
2nd Low | 0.008211000 |
3rd Low | 0.008155000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows