BOME/USDT – 1H – SELL

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

A descent down to the next support level at 0.006163000 is expected.

Caution: A possible counter-trend in the direction of the resistance level at 0.006549000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Three Black Crows’ candlestick chart pattern is existing. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. 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