Sell BOME/USDT – 4H – SELL

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

The bearish trend downwards to the next support line at 0.006049000 is considered certain.

Caution: A possible counter-trend in the direction of the resistance line at 0.006750000 could occur.
Consider stop-loss settings accordingly.

Besides a ‘Three Black Crows’ chart pattern is discovered. The chart shows ‘Three Black Crows’. this 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’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.011304000
2nd High 0.006881000
Next High 0.006750000
Current Price 0.006342000
Next Low 0.006049000
2nd Low 0.005971000
3rd Low

Download BOME/USDT Signal Image

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