Sell BOME/USDT – 1H – SELL

The combination BOOK OF MEME/Tether (BOME/USDT) moves from the ascending trendline downwards

A bearish descent down to the next support line at 0.006178000 is expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.007202000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Black Crows’ candle pattern is existing. The candles form ‘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 0.008454000
2nd High 0.008282000
Next High 0.007202000
Current Price 0.006284000
Next Low 0.006178000
2nd Low 0.006008000
3rd Low 0.006003000

Download BOME/USDT Signal Image

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