BOME/USDT – 30M – SELL

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

A bearish descent downwards to the next support line at 0.002316000 is expected.

Caution: A possible trend reversal in the direction of the resistance level at 0.002499000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.

And also a ‘Three Black Crows’ candlestick pattern is found. The candles form ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

0.002499000 – 0.002459000 – 0.002370000 – 0.002316000 – 0.002243000 – 0.002096000

Trading Signals: FOREX – BOME – BOME/USDT – USDT – Three Black Crows –