BOME/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support line at 0.001682000 will persist.

Caution: A possible change in the direction of the resistance level at 0.001808000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The currency pair could go down.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 0.001651 at the Fibonacci level 1-Level. Caution: A possible change in the direction of support at 0.001808000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Three Black Crows’ candle chart pattern is detected. The chart forms ‘Three Black Crows’. this 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 success rate of a ‘Three Black Crows’ going down is 82%.

0.001808000 – 0.001847000 – 0.001848000 – 0.001721000 – 0.001768000 – 0.001682000 — 36.041651567849 – 32.931752742295

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