BOME/USDT – 30M – SELL

Moreover a ‘Symmetrical Triangle Chart Pattern’ chart pattern is detected. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The pair is likely to go down.

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

The bearish trend down to the next support line at 0.001994000 is considered certain.

Caution: A possible trend reversal in the direction of resistance at 0.002116000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Three Outside Down’ candle chart pattern is existing. The chart forms ‘Three Outside Down’. which is a negative signal. The currency pair is likely to go down. 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).

0.002116000 – 0.002121000 – 0.002358000 – 0.001994000 – 0.001900000 – 0.001984000 — 45.652616793628 – 44.910546407936

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern –