BOME/USDT – 30M – SELL

The pair BOOK OF MEME/Tether (BOME/USDT) moves from the descending trendline down.

A continuation of the downward movement downwards to the next support level at 0.001717000 will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 0.001966000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘RSI fall below 30’ indicator signal is detected. The indicator is ‘RSI fall below 30’. which is often a bearish chart scenario. The currency pair could go down.

In addition a ‘Three Black Crows’ chart pattern is discovered. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

0.001966000 – 0.002092000 – 0.002289000 – 0.001900000 – 0.001947000 – 0.002069000 — 23.9178436155 – 22.430420977744

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – –