Sell BOME/USDT – 1H – SELL

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.006245352 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support line at 0.006549000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Three Black Crows’ candle pattern is existing. The candles show ‘Three Black Crows’. which is a bearish signal. 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’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.006881000
2nd High 0.006750000
Next High 0.006549000
Current Price 0.006380000
Next Low 0.006123000
2nd Low 0.006049000
3rd Low 0.006003000

Download BOME/USDT Signal Image

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