BOME/USDT – 30M – SELL

The currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the bullish trendline down.

A descending movement down to the next support at 0.001813000 is likely expected.

Caution: A possible trend reversal in the direction of the resistance level at 0.001949000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a negative chart scenario. The pair is likely to go down.

Moreover a ‘Three Outside Down’ candlestick chart pattern is found. The chart shows ‘Three Outside Down’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.001913000 – 0.001896000 – 0.001949000 – 0.001813000 – 0.001761000 – 0.001843000 — 60.36536448959 – 58.630321315667

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