BOME/USDT – 30M – SELL

The currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the bearish trendline downwards

A continuation of the bearish trend downwards to the next support at 0.002233000 is expected.

Caution: A possible change in the direction of the resistance zone at 0.002414000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The pair is likely to go down.

Moreover a ‘Three Black Crows’ candle chart pattern is found. The chart forms ‘Three Black Crows’. 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 likelyhood of ‘Three Black Crows’ going down is 82%.

0.002414000 – 0.002490000 – 0.002473000 – 0.002233000 – 0.002078000 – 0.001717000

Trading Signals: FOREX – BOME – BOME/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern