Sell BOME/USDT – 30M – SELL

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.0068095 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 0.007099000 is within the realm of possibility.
Consider stop-loss settings accordingly.

Besides a ‘Two Crows’ candlestick chart pattern is found. The candles show ‘Two Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.008454000
2nd High 0.008282000
Next High 0.007099000
Current Price 0.006950000
Next Low 0.006768000
2nd Low 0.006520000
3rd Low 0.006178000

Download BOME/USDT Signal Image

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