BOME/USDT – 30M – SELL

The combination BOOK OF MEME/Tether (BOME/USDT) moves from the ascending trendline downwards

A descending movement downwards to the next support line at 0.001788000 is expected.

Caution: A possible change in the direction of the resistance zone at 0.001977000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Three Outside Down’ chart pattern is detected. The chart forms ‘Three Outside Down’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.001977000 – 0.002018000 – 0.001735000 – 0.001788000 – 0.001867000 – 0.001909000

Trading Signals: FOREX – BOME – BOME/USDT – USDT – Three Outside Down – Double top chart pattern