BOME/USDT – 30M – SELL

There is also a ‘Symmetrical Triangle Chart Pattern’ chart pattern is discovered. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to go down.

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

A continuation of the bearish trend downwards to the next support line at 0.001851000 will persist.

Caution: A possible counter-trend in the direction of the resistance line at 0.001954000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The currency pair could go down.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 0.001813 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support line at 0.001954000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Outside Down’ candlestick pattern is existing. The candles form ‘Three Outside Down’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.001954000 – 0.001912000 – 0.001881000 – 0.001851000 – 0.001881000 – 0.001856000 — 34.938227245119 – 33.238644374634

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –