BOME/USDT – 30M – SELL

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

A continuation of the downward movement down to the next support at 0.00052 is considered certain.

Caution: A possible trend reversal in the direction of the resistance zone at 0.00058 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The pair is likely to go down.

Also there is a ‘Three Black Crows’ candlestick chart pattern is discovered. The chart forms ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

0.00058 – 0.0006 – 0.00066 – 0.00052 – 0.00057 – 0.00054 —
0.000545000 – 0.000523000 —
35.807842182114 – 26.255735585151 —
– —
0.00058 – 1776880800

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