BOME/USDT – 1H – SELLThe currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the descending trendline downwards
A continuation of the bearish trend down to the next support level at 0.00062 is likely expected.
Caution: A possible change in the direction of resistance at 0.00083 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Three Black Crows’ candle pattern is discovered. The candles form ‘Three Black Crows’. which is a negative 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’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00092 |
| 2nd High | 0.00085 |
| Next High | 0.00083 |
| Current Price | 0.000671000 |
| Next Low | 0.00062 |
| 2nd Low | 0.00037 |
| 3rd Low |
0.00083 – 0.0008 – 0.00082 – 0.00062 – 0.00072 – 0.00077 — 44.069669651939 – 40.876221520144 — 86.587232327249 – 66.812202274012 – 94.584401378622 – 83.521802136626
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – – –