BOME/USDT – 1H – SELL

The currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the bearish trendline downwards

A continuation of the downward movement down to the next support at 0.001996000 is certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.002200000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Three Black Crows’ candlestick pattern is found. The candles form ‘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%.

0.002200000 – 0.002177000 – 0.002089000 – 0.001996000 – 0.001933000 – 0.002052000 — 47.402843228186 – 40.413105988288

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – – –