BOME/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support at 0.002194000 is certain.

Caution: A possible counter-trend in the direction of the resistance level at 0.002370000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Three Outside Down’ candlestick chart pattern is detected. The chart forms ‘Three Outside Down’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.002370000 – 0.002461000 – 0.001819000 – 0.002194000 – 0.001704000 – 0.001773000 — 55.586125255818 – 54.396255010724

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Outside Down – – –