BOME/USDT – 30M – SELL

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

A bearish descent down to the next support line at 0.001691000 is likely expected.

Caution: A possible change in the direction of the resistance line at 0.001815000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bearish chart signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Current target is 0.001744 at the Fibonacci level 0-Level. Caution: A possible change in the direction of support at 0.001815000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three Black Crows’ candlestick pattern is found. The candles form ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

0.001815000 – 0.001838000 – 0.001901000 – 0.001744000 – 0.001756000 – 0.001851000 — 32.687407792102 – 30.033194869761

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – – –