BOME/USDT – 30M – SELLThe currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the bearish trendline down.
A continuation of the downtrend downwards to the next support at will persist.
Caution: A possible trend reversal in the direction of the resistance level at 0.00082 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The currency pair could go down.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.00076712 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of support at 0.00082 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Three Black Crows’ candlestick chart pattern is found. The candles form ‘Three Black Crows’. which is a negative 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 | 0.00084 |
| 2nd High | 0.00083 |
| Next High | 0.00082 |
| Current Price | 0.000777000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.00082 – 0.00081 – 0.00082 – 0.00077 – 0.00075 – 0.00076 — 46.439849409713 – 39.293606876296 — 74.303938570825 – 40.970605237491 – 90.640546019012 – 70.964081098176
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – – –