Sell BOME/USDT – 4H – SELL

The combination BOOK OF MEME/Tether (BOME/USDT) moves from the ascending trendline down.

A bearish descent downwards to the next support line at 0.008910000 is certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.011167000 is also possible.
Consider stop-loss settings accordingly.

Then a ‘Three Black Crows’ candle chart pattern is discovered. The candles form ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.012595000
2nd High 0.011250000
Next High 0.011167000
Current Price 0.009202000
Next Low 0.008910000
2nd Low 0.006731000
3rd Low 0.005957000

Download BOME/USDT Signal Image

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