Sell BOME/USDT – 1H – SELL

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

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