BOME/USDT – 30M – SELL

Besides a ‘Symmetrical Triangle Chart Pattern’ chart pattern is detected. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.

The combination BOOK OF MEME/Tether (BOME/USDT) moves from the bullish trendline downwards

A descending movement down to the next support level at 0.001994000 is considered certain.

Caution: A possible counter-trend in the direction of the resistance line at 0.002116000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Three Outside Down’ candlestick pattern is found. The candles show ‘Three Outside Down’. which is a bearish pattern signal. The pair is likely to go down. 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).

0.002116000 – 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 –