BOME/USDT – 4H – SELL

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

A continuation of the downward movement down to the next support level at 0.001761000 is certain.

Caution: A possible reversal of the trend in the direction of resistance at 0.001975000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Three Black Crows’ chart pattern is discovered. The chart forms ‘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’ heading down is 82%.

0.001975000 – 0.001995000 – 0.002116000 – 0.001761000 – 0.001883000 – 0.001931000 — 49.87374422659 – 46.591393888876

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – Double bottom chart pattern – –