BOME/USDT – 30M – SELL

Furthermore a ‘Triple top chart pattern’ chart layout is detected. The chart forms ‘Triple top chart pattern’. which is a negative signal. The currency pair is likely to fall.

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

A continuation of the downward movement downwards to the next support level at 0.002096000 is expected.

Caution: A possible trend reversal in the direction of the resistance line at 0.002358000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Three Outside Down’ candle pattern is found. 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 success rate of a ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.002358000 – 0.002329000 – 0.002593000 – 0.002220000 – 0.002191000 – 0.002316000

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Outside Down – Triple top chart pattern –