BOME/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support at is certain.

Caution: A possible change in the direction of the resistance level at 0.001943000 should always be considered.
Consider stop-loss settings accordingly.

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The currency pair is likely to fall.

There is also a ‘Three Outside Down’ candlestick pattern is found. The candles form ‘Three Outside Down’. which is a bearish pattern signal. The currency pair is likely to go down. 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).

0.001943000 – 0.001969000 – 0.001906000 – 0.001874000 – 0.001834000 – 0.001870000 — 48.117205037479 – 44.088208834439

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Outside Down – Double top chart pattern – –