BOME/USDT – 1H – SELL

The combination BOOK OF MEME/Tether (BOME/USDT) goes from the ascending trendline down.

The bearish trend down to the next support level at 0.00067 is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 0.00072 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bearish chart signal. The pair is likely to go down.

Then a ‘Three Outside Down’ chart pattern is existing. The candles form ‘Three Outside Down’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.00072 – 0.00071 – 0.00073 – 0.00067 – 0.00069 – 0.00069 — 42.76262417285 – 39.71139510855 — 43.348263626316 – 32.373528784441 – 51.257217875489 – 41.468145554563

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