Sell BOME/USDT – 4H – SELL

The currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the bearish trendline downwards

A continuation of the downtrend down to the next support at 0.0004 is certain.

Caution: A possible trend reversal in the direction of the resistance level at 0.00043 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Three Black Crows’ candle chart pattern is discovered. The candles form ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. 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 0.00051
2nd High 0.00047
Next High 0.00043
Current Price 0.000388000
Next Low 0.0004
2nd Low 0.00037
3rd Low 0.00034

0.00043 – 0.00047 – 0.00051 – 0.0004 – 0.00037 – 0.00034 —
0.000428000 – 0.000399000 —
49.529595843497 – 26.168481598858 —
– —
0.00043 – 1771603200

Trading Signals:

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