Sell BOME/USDT – 30M – SELL

The pair BOOK OF MEME/Tether (BOME/USDT) goes from the bullish trendline downwards

A bearish descent downwards to the next support line at 0.001541000 is expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.001679000 is also possible.
Consider stop-loss settings accordingly.

Additionally a ‘Two Crows’ candle pattern is detected. The chart shows ‘Two 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 success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.001842000
2nd High 0.001739000
Next High 0.001679000
Current Price 0.001564000
Next Low 0.001541000
2nd Low 0.001094000
3rd Low 0.001030000

Download BOME/USDT Signal Image

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