Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.005971 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support zone at 0.006881000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Moreover a ‘Three Black Crows’ candle chart pattern is existing. The chart forms ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.008454000 |
2nd High | 0.008282000 |
Next High | 0.006881000 |
Current Price | 0.006398000 |
Next Low | 0.006049000 |
2nd Low | 0.006003000 |
3rd Low | 0.005971000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows