BOME/USDT – 1H – SELL

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

A continuation of the downward movement down to the next support line at 0.00041 is considered certain.

Caution: A possible counter-trend in the direction of resistance at 0.00044 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Three Outside Down’ candle chart pattern is existing. The candles form ‘Three Outside Down’. 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 likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.00044 – 0.00045 – 0.00051 – 0.00041 – 0.00034 – 0.00045 —
0.000432000 – 0.000419000 —
57.72175480868 – 43.950211982191 —
– —
0.00044 – 1770480000

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