BOME/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support line at 0.00039 is expected.

Caution: A possible reversal of the trend in the direction of resistance at 0.00042 should be noted.
Consider stop-loss settings accordingly.

Additionally a ‘Three Outside Down’ candle pattern is found. The chart forms ‘Three Outside Down’. which 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).

0.00042 – 0.00042 – 0.00043 – 0.00039 – 0.0004 – 0.00039 —
0.000405000 – 0.000399000 —
62.195779377407 – 44.356812065726 —
– —
0.00042 – 1774126800

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