BOME/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support line at is considered certain.

Caution: A possible trend reversal in the direction of the resistance level at 0.001838000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair could go down.

In addition a ‘Three Outside Down’ candle pattern is existing. The chart shows ‘Three Outside Down’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.001838000 – 0.001901000 – 0.001954000 – 0.001744000 – 0.001756000 – 0.001851000 — 50.356447330177 – 37.320026153458

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