Sell BOME/USDT – 1H – SELL

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

A continuation of the bearish trend downwards to the next support line at 0.00042 is certain.

Caution: A possible change in the direction of the resistance level at 0.000455000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Two Crows’ candle chart pattern is found. The chart forms ‘Two 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 success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.00048
2nd High 0.00047
Next High 0.000455000
Current Price 0.000432000
Next Low 0.00042
2nd Low 0.0004
3rd Low 0.00039

0.000455000 – 0.00047 – 0.00048 – 0.00042 – 0.00044 – 0.00045 —
0.000455000 – 0.000437000 —
58.208431509535 – 42.018815052141 —
0.000455000 – 1781830800 —
– 1781830800

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