BOME/USDT – 30M – SELLThe currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the bullish trendline down.
A bearish descent down to the next support level at 0.001840000 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 0.001946000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Three Black Crows’ candlestick pattern is detected. The chart forms ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002018000 |
| 2nd High | 0.001977000 |
| Next High | 0.001946000 |
| Current Price | 0.001794000 |
| Next Low | 0.001840000 |
| 2nd Low | 0.001778000 |
| 3rd Low | 0.001761000 |
0.001946000 – 0.001860000 – 0.001859000 – 0.001840000 – 0.001778000 – 0.001761000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern