BOME/USDT – 30M – SELL

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

A continuation of the downtrend down to the next support at 0.001982000 is considered certain.

Caution: A possible counter-trend in the direction of the resistance level at 0.002116000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three Outside Down’ candle pattern is discovered. The candles show ‘Three Outside Down’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.002095000 – 0.002116000 – 0.002121000 – 0.001982000 – 0.001939000 – 0.001994000 — 53.93494627484 – 52.152183591844

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