BOME/USDT – 30M – SELL

Moreover a ‘MACD crosses below signal’ indicator layout is existing. The indicator shows ‘MACD crosses below signal’. which is often a bearish chart scenario. The currency pair could go down.

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.00041 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 0.00042 could happen.
Consider stop-loss settings accordingly.

Moreover a ‘Three Outside Down’ candle pattern is discovered. The chart forms ‘Three Outside Down’. which is a bearish pattern signal. 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).

0.00041 – 0.00042 – 0.00042 – 0.00039 – 0.00039 – 0.0004 —
0.000425000 – 0.000426000 —
68.953171925777 – 66.602159323005 —
– —
0.00041 – 1774242000

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