Sell BOME/USDT – 4H – SELL

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

A continuation of the downward movement downwards to the next support level at 0.00062 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.00078 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘%K fall below 80’ indicator layout is found. The indicator is ‘%K fall below 80’. which could be a negative signal. The currency pair is likely to fall.

And also a ‘Three Black Crows’ candlestick pattern is found. The chart shows ‘Three Black Crows’. which is a negative pattern signal. The 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 0.00099
2nd High 0.00083
Next High 0.00078
Current Price 0.000726000
Next Low 0.00062
2nd Low 0.00037
3rd Low

0.00078 – 0.00083 – 0.00099 – 0.00062 – 0.00075 – 0.00079 — 45.005540254384 – 43.42817080482 — 2.3351874017227 – 0 – 3.5109976176818 – 1.5567916011484

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