BOME/USDT – 1H – SELLIn addition a ‘Double bottom retreat down’ chart formation is existing. The chart picture shows ‘Double bottom retreat down’. which is a bearish signal. The currency pair is likely to fall.
The combination BOOK OF MEME/Tether (BOME/USDT) moves from the ascending trendline down.
A bearish descent down to the next support level at 0.001768000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.001978000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Three Black Crows’ candle chart pattern is discovered. The chart shows ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002289000 |
| 2nd High | 0.002092000 |
| Next High | 0.001978000 |
| Current Price | 0.001817000 |
| Next Low | 0.001768000 |
| 2nd Low | 0.001651000 |
| 3rd Low | 0.001514000 |
0.001824000 – 0.001799000 – 0.001799000 – 0.001768000 – 0.001651000 – 0.001690000 — 58.928093283026 – 53.578280570513
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – Double bottom retreat down – –