Sell BOME/USDT – 30M – SELL

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

A descending movement downwards to the next support level at 0.008674000 is expected.

Caution: A possible trend reversal in the direction of the resistance line at 0.009323000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Three Black Crows’ candlestick chart pattern is detected. The chart shows ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.010079000
2nd High 0.009764000
Next High 0.009323000
Current Price 0.008964000
Next Low 0.008674000
2nd Low 0.008500000
3rd Low 0.008211000

Download BOME/USDT Signal Image

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