BOME/USDT – 1H – SELL

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

A continuation of the bearish trend downwards to the next support line at 0.00038 will persist.

Caution: A possible trend reversal in the direction of the resistance zone at 0.00041 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘MACD crosses below signal’ indicator signal is detected. The indicator is ‘MACD crosses below signal’. which could be a negative chart scenario. The currency pair is likely to fall.

Besides a ‘Three Black Crows’ candle chart pattern is existing. The chart shows ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

0.00041 – 0.00044 – 0.00045 – 0.00038 – 0.00038 – 0.0004 —
0.000387000 – 0.000390000 —
39.094785540076 – 43.248617989558 —
– —
0.00041 – 1770656400

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