BOME/USDT – 4H – SELLThe combination BOOK OF MEME/Tether (BOME/USDT) jumps from the descending trendline down.
A continuation of the downward movement down to the next support line at 0.00037 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.00099 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Three Black Crows’ chart pattern is discovered. The chart forms ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00103 |
| 2nd High | 0.001 |
| Next High | 0.00099 |
| Current Price | 0.000658000 |
| Next Low | 0.00037 |
| 2nd Low | |
| 3rd Low |
0.00099 – 0.001 – 0.00103 – 0.00075 – 0.00079 – 0.00077 — 29.76232891361 – 25.920489226854 — 25.759528631928 – 11.216473332106 – 43.429693733505 – 26.060782749238
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – Triple top chart pattern – –