Sell BOME/USDT – 1H – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.000445 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.00047 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Bearish Harami’ candle pattern is discovered. The candles show ‘Bearish Harami’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).

Support & Resistance Price Range*
3rd High 0.00049
2nd High 0.00048
Next High 0.00047
Current Price 0.000455000
Next Low 0.00043
2nd Low 0.00042
3rd Low 0.0004

0.00047 – 0.00044 – 0.00044 – 0.00043 – 0.00043 – 0.00042 —
0.000464000 – 0.000451000 —
57.565783269919 – 54.782371306607 —
– —
0.00047 – 1782054000

Trading Signals:

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