BOME/USDT – 4H – SELL

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

A continuation of the downtrend down to the next support at 0.001761000 is expected.

Caution: A possible change in the direction of resistance at 0.002250000 should be noted.
Consider stop-loss settings accordingly.

Additionally a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a negative chart signal. The pair is likely to go down.

Additionally a ‘Three Outside Down’ candlestick pattern is existing. The candles form ‘Three Outside Down’. this is a bearish chart scenario. The 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).

0.002250000 – 0.002034000 – 0.001848000 – 0.001761000 – 0.001779000 – 0.001650000 — 38.895478750296 – 36.75844457706

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –