BOME/USDT – 30M – SELL

The pair BOOK OF MEME/Tether (BOME/USDT) jumps from the descending trendline downwards

A continuation of the downtrend down to the next support at 0.001884000 is expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.002025000 should always be considered.
Consider stop-loss settings accordingly.

Also there is a ‘RSI fall below 70’ indicator signal is found. The indicator is ‘RSI fall below 70’. which could be a negative chart scenario. The currency pair is likely to fall.

Also there is a ‘StochRSI fall below 80’ indicator signal is found. The indicator is ‘StochRSI fall below 80’. which could be a negative chart scenario. The currency pair is likely to fall.

Also there is a ‘Three Outside Down’ candlestick chart pattern is discovered. The chart shows ‘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’ going down is 69% (Bull Market) & 70% (Bear Market).

0.002025000 – 0.002034000 – 0.002009000 – 0.001884000 – 0.001885000 – 0.001950000 — 62.638752562806 – 61.328399998042

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