BOME/USDT – 30M – SELL

And also a ‘Double bottom retreat down’ chart pattern is found. The chart shows ‘Double bottom retreat down’. which is a negative pattern signal. The pair is likely to go down.

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.001931 at the Fibonacci level 0-Level. Caution: A possible change in the direction of support at 0.002029000 could occur.
Consider stop-loss settings accordingly.

And also a ‘Two Crows’ candle chart pattern is found. The candles show ‘Two Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.002029000 – 0.002032000 – 0.002490000 – 0.001954000 – 0.001947000 – 0.001931000 — 58.628123960283 – 53.44715904928

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Two Crows – Double bottom retreat down – –