Sell BOME/USDT – 1H – SELL

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

A descent downwards to the next support at 0.006083000 is considered certain.

Caution: A possible change in the direction of the resistance line at 0.006511000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Three Black Crows’ candle chart pattern is detected. The chart forms ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.006750000
2nd High 0.006549000
Next High 0.006511000
Current Price 0.006112000
Next Low 0.006083000
2nd Low 0.006049000
3rd Low 0.006003000

Download BOME/USDT Signal Image

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