BOME/USDT – 30M – SELL

The currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the bearish trendline down.

A continuation of the bearish trend downwards to the next support line at 0.008674000 is expected.

Caution: A possible counter-trend in the direction of the resistance level at 0.009158000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.008739 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support line at 0.009158000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three Black Crows’ candle pattern is discovered. The candles show ‘Three Black Crows’. which is a bearish pattern 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 ‘Three Black Crows’ going down is 82%.

Download BOME/USDT Signal Image

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows