Sell BOME/USDT – 4H – SELL

The combination BOOK OF MEME/Tether (BOME/USDT) jumps from the descending trendline downwards

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

Caution: A possible reversal of the trend in the direction of the resistance level at 0.00044 could be enabled.
Consider stop-loss settings accordingly.

Besides a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.

Besides a ‘Three Black Crows’ candle pattern is existing. The candles form ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.00049
2nd High 0.00047
Next High 0.00044
Current Price 0.000426700
Next Low 0.0004
2nd Low 0.00038
3rd Low 0.00037

0.00044 – 0.00043 – 0.00047 – 0.0004 – 0.00038 – 0.00042 —
0.000414000 – 0.000442100 —
49.16174528472 – 55.755657780185 —
– —
0.00044 – 1782748800

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