BOME/USDT – 30M – SELL

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

The bearish trend downwards to the next support at 0.00045 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.00051 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Outside Down’ candle pattern is existing. The chart forms ‘Three Outside Down’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.00047 – 0.00044 – 0.00044 – 0.00045 – 0.00042 – 0.00041 —
0.000463000 – 0.000497000 —
63.333708460286 – 78.885489310076 —
– —
0.00047 – 1773361800

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