BOME/USDT – 4H – SELL

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

A continuation of the downtrend downwards to the next support level at 0.001779000 will continue.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.002250000 could be enabled.
Consider stop-loss settings accordingly.

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The pair is likely to go down.

Then a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a negative signal. The pair is likely to go down.

Then a ‘Three Black Crows’ candlestick chart pattern is discovered. The chart forms ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

0.002250000 – 0.002034000 – 0.001848000 – 0.001779000 – 0.001650000 – 0.001651000 — 40.781968664311 – 39.921810997261

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – Double top retreat up – –