BOME/USDT – 30M – SELL

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

A continuation of the bearish trend down to the next support line at 0.001989000 is likely expected.

Caution: A possible counter-trend in the direction of resistance at 0.002174000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

Then a ‘Three Outside Down’ chart pattern is discovered. The candles show ‘Three Outside Down’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.002174000 – 0.002200000 – 0.002177000 – 0.001989000 – 0.002067000 – 0.002095000 — 51.556681059975 – 50.216403025833

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