BOME/USDT – 30M – SELL

The currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the bearish trendline down.

A continuation of the downtrend downwards to the next support at is expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.002117000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 0.0020105 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.002117000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles show ‘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 probability of ‘Three Black Crows’ going down is 82%.

0.002117000 – 0.002095000 – 0.002116000 – 0.001982000 – 0.001939000 – 0.001994000 — 42.68342108201 – 38.974145483005

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