BOME/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support at 0.002049000 will continue.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.002106000 could occur.
Consider stop-loss settings accordingly.

Additionally a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bearish signal. The pair is likely to go down.

Additionally a ‘Three Inside Down’ candle pattern is found. The chart shows ‘Three Inside Down’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

0.002106000 – 0.002117000 – 0.002095000 – 0.002049000 – 0.001982000 – 0.001939000 — 58.84833208328 – 50.980476116892

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