BOME/USDT – 4H – SELL

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

A descent downwards to the next support line at 0.001514000 is considered certain.

Caution: A possible reversal of the trend in the direction of resistance at 0.002074000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Three Outside Down’ chart pattern is existing. The chart shows ‘Three Outside Down’. which 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 chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.001638000 – 0.001714000 – 0.001661000 – 0.001514000 – 0.001468000 – 0.001414000

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